Bitcoin mining companies are facing a notable decrease in stock value in anticipation of the upcoming halving. Shares of Marathon Digital Holdings, Riot Platforms, and CleanSpark have declined for three consecutive days. Marathon Digital Holdings, the largest public Bitcoin miner, lost nearly 25% of its stock value in the past month, while Riot Platforms lost
Bitcoin had a monster February. Its value jumped more than 40% since the beginning of the month, and it’s been surging to heights not seen since 2020 seemingly everyday. But investing in the cryptocurrency itself would not have been the most lucrative trade to make: The trading exchange Coinbase and the miner Marathon Digital Holdings
Coinbase Global and MicroStrategy were leading a raft of cryptocurrency-related stocks higher on Wednesday. The companies were among those being boosted by Bitcoin’s rally and MicroStrategy pouring more money into the asset. Coinbase shares were up 6.1% at $182.53. The cryptocurrency exchange is trading at its highest levels since early 2022 and has outpaced the