Shares of crypto-related stocks Marathon Digital Holdings Inc MARA and Riot Blockchain Inc RIOT are trading lower by 2% and 1.5% Friday morning amid a decrease in the price of Bitcoin.
Bitcoin is trading lower by 2% at around $37,000 Friday morning.
Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the Digital Currency Blockchain segment and its crypto-currency machines are located in Canada.
Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.