Marathon Digital Holdings Inc (NASDAQ:MARA) shares are trading lower amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
Bitcoin is trading 1.1% lower at around $54,073 on Thursday.
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Ethereum is trading 0.80% lower at around $3,590 on Thursday.
Dogecoin is trading 5.3% lower at around $0.24 on Thursday.
Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.
Marathon Digital is trading lower by 2.8% at $37.87 per share on Thursday at the time of publication.