Why Bitcoin-Related Stocks Are Trading Higher Today

Shares of several bitcoin-related stocks such as Marathon Digital Holdings, Inc. MARA, Riot Blockchain, Inc. RIOT and Canaan Inc. CAN are trading higher amid an increase in the price of Bitcoin.

Marathon Digital Holdings focuses on mining digital assets and owns crypto-currency mining machines. The stock is trading approximately 6% higher on Monday at the time of publication. The stock has a 52-week high of $57.75 and a 52-week low of $0.41.

Riot Blockchain operates in a single segment of cryptocurrency mining. The stock is trading approximately 4% higher. The stock has a 52-week high of $79.50 and a 52-week low of $1.03.

Canaan is the manufacturer of digital blockchain computing equipment. The stock is trading approximately 2% higher. The stock has a 52-week high of $39.10 and a 52-week low of $1.76.

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