From Nasdaq:

Marathon Digital’s stock has soared about 640% over the past year, due to Bitcoin’s stabilization after a steep decline in 2022. The company has become the largest Bitcoin miner in the world with a fleet of 184,400 active miners as of December 1, producing an average of 38.4 BTC daily in November. Revenue tripled to $150 million in 2021, and analysts expect it to reach $359 million in 2023. However, concerns remain around profitability, sustainability, and the potential impact of the upcoming BTC halving. Marathon remains a speculative stock with a high-risk profile for investors.



Read more: Is It Too Late to Buy Marathon Digital Stock?