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0.000819672131147523 0 0.00245901639344257 0.0118852459016393 0.0522213114754099 0.0768852459016392 0.0688524590163934 0.0749999999999999
Stock impact report

Crypto stocks set to start December on a high note as bitcoin hits near 19-month high [Yahoo! Finance]

Marathon Digital Holdings, Inc. (MARA) 
Last marathon digital holdings, inc. earnings: 8/14 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.marathonpg.com
Company Research Source: Yahoo! Finance
Bitcoin, up 2% at $38,410, has been gaining since October on optimism that a potential approval of a spot exchange-traded fund is likely to unleash more capital investments in the digital asset sector. "Tailwinds have been gathering strength all year, especially in recent months, as spot ETF expectations build, the Binance uncertainty is resolved, and 2024's accelerated money printing becomes more inevitable," crypto-focused economist Noelle Acheson said, referring to the bitcoin rally. Shares of bitcoin miners - whose profitability improves as bitcoin climbs - including Riot Platforms, Marathon Digital, Cipher Mining and TeraWulf rose between 2.4% and 4% in trading before the bell. J.P.Morgan raised its price targets on Cipher Mining, CleanSpark, Iris Energy, Marathon Digital and Riot Platforms to reflect the rally in bitcoin. Shares of bitcoin mining machine maker Canaan added nearly 4%. The mining companies are also increasing production before bitcoin's "halving" event Show less Read more
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