Comparison of cryptocurrency stocks MARA and COIN, both high risk but COIN slightly better

From Nasdaq Corporation. August 30, 2024 04:52:11 AM:

Marathon Digital Holdings (MARA) and Coinbase Global (COIN) are two cryptocurrency stocks with different focuses in the crypto ecosystem. Marathon Digital, a miner, has seen its stock tumble 27% year-to-date, while Coinbase, an exchange, has gained 8% year-to-date. Marathon reported disappointing second-quarter results due to equipment failures, resulting in a net loss of $199.7 million. Coinbase’s price-to-earnings ratio suggests analysts expect declining earnings, and recent outflows from ETFs could impact its financials. Both stocks receive a neutral rating due to their high risk levels. Coinbase slightly edges out Marathon due to relatively stable results, but caution is advised.

Read more at Nasdaq: MARA vs. COIN: Which Cryptocurrency Stock Is Better?