What’s Going On With Bitcoin Mining Stocks Marathon Digital And Riot Platforms? – Marathon Digital Holdings (NASDAQ:MARA)

Marathon Digital Holdings, Inc. MARA and Riot Platforms, Inc. RIOT shares are trading higher Friday as Bitcoin BTC/USD topped the $30,000 mark for the first time since August.

The Details:

Shares of MARA are up by more than 5%, and RIOT shares are up nearly 4% Friday as excitement surrounding the potential approval of a spot Bitcoin ETF approval builds. 

Bitcoin is trading just under $30,000 after breaching the mark and reaching $30,024.42 earlier Friday. 

Earlier this week, Blackrock and Fidelity made amendments to their spot Bitcoin ETF filings, and Grayscale submitted an S-3 filing on similar approval pursuits.

Both Marathon Digital and Riot Platforms have significant short…

Read more on Benzinga

4.9K Reads