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In the past two weeks, the market value of Bitcoin mining companies has increased by tens of billions of dollars, with Marathon Digital leading the gains.

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Odaily
636Words
Jul 23, 2024

Odaily Planet Daily News In the past two weeks, the market value of several cryptocurrency mining companies has significantly increased, with most companies achieving double-digit percentage growth. Among them, Marathon Digital (stock code MARA) saw its market value soar from $5.51 billion on July 8 to $7.56 billion this weekend, a growth of over 37% in five days, and still maintaining a 27% increase in the 11 days ending on July 19. Riot Platforms (RIOT) saw its market value rise from $2.78 billion to $3.67 billion, achieving a 32% net increase in the second week of July and closing at $3.16 billion last weekend. Hut 8 Mining Corp (HUT) had a smaller growth rate, increasing from $1.58 billion two weeks ago to $1.76 billion at the end of this week, a growth of 11%. BIT Digital (BTBT) saw its market value grow from $456.00 million two weeks ago to $508 million, closing this week at $470 million, while Hive Digital (HIVE) saw its market value increase from $392 million to $427.90 million during the same period. Canaan and BIT Mining also experienced varying degrees of growth. (TheBlock)

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