Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ:MARA), Riot Blockchain Inc (NASDAQ:RIOT) and Coinbase Global, Inc. (NASDAQ:COIN) are all trading higher Wednesday afternoon amid an increase in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
Bitcoin is trading 18% higher over the past week at around $44,180 Wednesday afternoon.
Ethereum is trading 20% higher over the past week at around $3,200 Wednesday afternoon.
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 higher by 4.3% at $27.48 per share.
Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.
Riot Blockchain is trading higher by 3.4% at $18.93 per share.
Coinbase Global provides financial infrastructure and technology for the cryptoeconomy.
Coinbase is trading higher by 1.8% at $212.49 per share.
