Posted 12/27/2023, 6:11:00 PM
Marathon Digital Stock Soars 105% During 11-Day Win Streak as Bitcoin Rises
- Marathon Digital's stock has doubled during a record 11-day win streak, with shares up 105%
- The cryptocurrency miner's rally comes as bitcoin has climbed 1.4%
- However, the correlation between Marathon's stock and bitcoin has been declining recently
- Marathon's stock was on track for its highest close since March 29, 2022
- The stock's gains come while the S&P 500 has rallied 3.0% over the last 11 sessions