Marathon Digital Holdings and Riot Platforms are digital asset technology companies that have experienced similar stock price trends over the past year, with significant declines during the “crypto winter” period.
Riot has shown better returns over the past 9 months, while Marathon Digital Holdings still lingers in the red. The price of MARA stock on January 1, 2023, when Bitcoin was trading less than $17,000, rose by 128.24% to $7.76, while the price of RIOT stock increased by 163.2% to $8.87. Both companies have experienced significant declines during the challenging period of 2022.
Leave a Reply