Marathon Digital Soars on Bitcoin Mining Growth Despite Looming Halving Risks
• Marathon Digital's stock price doesn't match Bitcoin's rise due to upcoming Bitcoin halving event that may cut revenue in half • Company reported strong 2021 financials including $150M+ net income and 15,126 Bitcoin held worth over $1B • Unveiled new Bitcoin mining firmware and control boards to optimize performance and efficiency • Implementing proprietary mining technology across 200K+ rigs and selling to enterprise mining clients • With Bitcoin potentially rising to $100K+, MARA stock could be a risky but rewarding way to play Bitcoin's growth