Crypto Mining Stocks Soar Over 300% in 2023 Amid Bitcoin Resurgence and Upcoming Halving Event
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Coinbase Global's stock price grew over 300% in 2023 due to rising crypto prices and expanded operations.
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Bitfarms' stock price rose over 500% in 2023 as the company improved Bitcoin mining efficiency ahead of the 2024 Bitcoin halving event.
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Marathon Digital's stock grew over 600% in 2023 as the company makes large investments to boost Bitcoin mining capacity before the 2024 Bitcoin halving.
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All 3 companies are crypto mining and trading platforms that greatly outperformed the 38% growth in meme coin Shiba Inu's value in 2023.
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These crypto stocks carry high risk but have strong growth potential if crypto prices continue rising in 2024.