Published on 19 Dec 2023 on Motley Fool via Yahoo Finance
Bitcoins depicted as if real and material currency
The crypto mining industry consolidated a bit on Tuesday, and in reaction, investors bid up not only Marathon Digital Holdings (NASDAQ: MARA) -- the company doing the consolidating -- but other notable stocks in the business.
Marathon itself saw its stock price rise by almost 11%, while the smaller Cipher Mining (NASDAQ: CIFR) saw a more than 14% gain. TerraWulf (NASDAQ: WULF) and SOS Limited (NYSE: SOS) were also winners on the day, advancing a respective 9% and 10%. For perspective, the broad S&P 500 index inched up only 0.6%.