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Dow Jones Jumps 500 Points After House Stimulus Vote; DraftKings Stock Soars

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Marathon Digital’s Bitcoin Story Faces Some Serious Questions

Marathon Digital (NASDAQ:MARA) has been one of the single biggest winners of the past year. Incredibly, over the past 12 months, MARA stock is up more than 12,000%. Some of that is due to how low shares plunged during March of 2020, of course. But the run has been incredible regardless. As recently as November, MARA stock sold for $2. Now it’s in the high $40s. Source: Shutterstock The reason for the recovery is pretty clear: Bitcoin (CCC:BTC-USD) is back. Last year, crypto’s star had dimmed a bit. But now, with aggressive central bank actions to bolster the economy, traders fear inflation and are buying assets such as Bitcoin as hedges. Marathon Digital, a Bitcoin mining company, has naturally benefitted from the abrupt change in sentiment. However, speculators have gotten ahead of themselves in MARA stock. Marathon Is Still a Tiny

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