MARA Stock Alert: Get Ready for the Bitcoin Halving


  • Marathon Digital (MARA) stock is getting a boost prior to the Bitcoin (BTC) halving.
  • That’s despite the reduced reward rate from BTC mining after the halving.
  • This is due to experts predicting BTC miners are better prepared for the event.
MARA Stock - MARA Stock Alert: Get Ready for the Bitcoin Halving

Source: rafapress /

Marathon Digital (NASDAQ:MARA) stock is on the rise Friday as the Bitcoin (BTC-USD) mining company prepares for the coin’s halving event.

That Bitcoin halving is expected to take place either today or sometime tomorrow. When this happens, the reward for mining BTC will be reduced. That’s a big deal for MARA stock and other Bitcoin mining companies.

The pressure of the upcoming Bitcoin halving has been weighing on mining stocks, but that might not be a bad thing. While this has MARA stock down 30% year-to-date (YTD), this weakness could make for an attractive entry point.

It also bears mentioning that Marathon Digital and other Bitcoin mining companies are better prepared for the halving this time around. That has them ordering new miners, increasing electricity flows and taking other actions to prepare for the event.

What The Bitcoin Halving Means for MARA Stock

One thing that traders in MARA will keep in mind is the effects of the Bitcoin halving. Experts are predicting that the event will send the coin higher. That includes it surpassing its previous all-time high. This could be a major boon to BTC miners.

MARA stock is up 2.1% as of Friday morning with more than 12 million shares traded. That’s still below its daily average trading volume of about 66 million shares.

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On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines.

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