Why Bitcoin-Related Stocks Are Moving Today

Shares of crypto-related stocks Marathon Digital Holdings Inc MARA and Riot Blockchain Inc RIOT are trading lower by around 3% amid a decrease in the price of Bitcoin BTC/USD.

Bitcoin is trading lower by 3% at around $33,200 Thursday morning.

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.

Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.

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