Why Bitcoin-Related Stocks Are Moving Today

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.

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