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StockNews.com
Business
Riddhima Chakraborty

There Is No Reason for Long-Term Investors to Buy This Stock

Marathon Digital Holdings, Inc. (MARA) operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in the United States. As of June 30, 2022, the company had approximately 10,055 bitcoins.

On August 1, 2022, MARA expanded its credit facilities with Silvergate Bank, the leading provider of financial infrastructure solutions to the digital currency sector.

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