Previous close | 7.52 |
Open | 8.00 |
Bid | 7.79 x 2200 |
Ask | 7.79 x 3000 |
Day's range | 7.74 - 8.56 |
52-week range | 3.11 - 32.74 |
Volume | |
Avg. volume | 26,025,181 |
Market cap | 934.736M |
Beta (5Y monthly) | 4.87 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Bitcoin's (CRYPTO: BTC) price hit an all-time high of $67,567 last November. The world's top cryptocurrency lost its luster as inflation, rising interest rates, and other macro headwinds drove investors away from riskier investments. Coinbase (NASDAQ: COIN), one of the world's largest cryptocurrency exchanges, and Marathon Digital (NASDAQ: MARA), one of the market's top Bitcoin mining companies, both shed more than 80% of their value this year.
The company's main product -- Bitcoin -- isn't exactly popular just now, and it didn't mine as much last month as it hoped to.
Today we will run through one way of estimating the intrinsic value of Marathon Digital Holdings, Inc. ( NASDAQ:MARA...