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Why Marathon Digital Holdings Stock Surged Today

Why Marathon Digital Holdings Stock Surged Today

It's a good time to be a cryptocurrency investor, and by extension it's good to be an investor in cryptocurrency mining businesses. The latest proof of that was Marathon Digital Holdings' (NASDAQ: MARA) nearly 15% pop in stock price Friday, a move sparked by an analyst price target increase but founded on continuing bullishness for anything crypto-related. The raiser was Reginald Smith of banking giant JPMorgan Chase.