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China's Crypto Mining Ban Is Great News for Marathon Digital


China’s Crypto Mining Ban Is Great News for Marathon Digital
InvestorPlace
2 hrs ago
© Source: Mark Agnor / Shutterstock.com
a crypto mining rig
The last couple weeks have been painful for cryptocurrency investors. After touching highs of almost $65,000 earlier this year,
Bitcoin (CCC:
Marathon Digital (NASDAQ:
© Provided by InvestorPlace
a crypto mining rig
Over the last month, MARA stock has trended higher by 24%. During the same period, Bitcoin has declined by 11%. Clearly, the stock has been an out-performer and the resilience at higher levels shows that the stock is attractively valued.
It’s important to note that panic selling presents investors with a long-term buying opportunity. Cathie Wood’s Ark ETFs purchased 214,718 shares of ....

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