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Marathon Digital Holdings Inc MARA

Marathon Digital Holdings, Inc. is a digital asset technology company, which is focused on supporting and securing the Bitcoin ecosystem. The Company is engaged in owning and operating bitcoin mining facilities or data centers, selling proprietary software or technology to third parties operating in the Bitcoin ecosystem, offering advisory and consulting services to support bitcoin mining ventures in domestic and international jurisdictions, and generating electricity from renewable energy resources or methane gas capture to power bitcoin mining projects. Its business is also active in Bitcoin-related projects related to the technological development of immersion, hardware, firmware, mining pools and side chains that use the blockchain cryptography. It operates approximately 210,000 mining rigs globally, with an installed and energized hash rate of approximately 25.2 and 24.7 exahashes per second, respectively. The Company has mined 12,852 bitcoins.


NDAQ:MARA - Post by User

Post by IntelInvestoron Jul 29, 2020 10:54am
136 Views
Post# 31336996

GOLDEN CROSS

GOLDEN CROSS
Today Marathon Patent Group's 50-day moving average line crossed above its 200-day moving average line, a strong BULLISH signal.
 
According to the Wall Street Journal, this stock has a consensus analyst rating of BUY and an average price target of $64:
 
https://www.wsj.com/market-data/quotes/MARA/research-ratings
 
According to CNN Business, the median price target for this stock is $64, which represents a +3,359.46% increase from the last price of 1.85.
 
https://money.cnn.com/quote/forecast/forecast.html?symb=MARA#:~:text=Marathon%20Patent%20Group%20Inc%20(NASDAQ%3AMARA)&text=The%201%20analysts%20offering%2012,the%20last%20price%20of%201.03.
 
Today, the stock is up more than 8% on stronger than average volume.
 
GLTA!
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