Marathon Patent Group Stock Soared Last Month, Can the Uptrend Continue?

Motley Fool2021-04-12

(April 12) Marathon Patent Group rose about 8% in premarket trading.What happenedShares ofMarathon Patent Group(NASDAQ:MARA)gained 59.3% in March 2021,according to data from S&P Global Market ...

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Sebastianng
·2021-04-12
??...
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DZJ1976
·2021-04-12
It's a marathon not a sprint!
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- Beato:
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  2021-04-12
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarathon Patent Group Stock Soared Last Month, Can the Uptrend Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 16:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/06/why-marathon-patent-group-stock-soared-last-month/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(April 12) Marathon Patent Group rose about 8% in premarket trading.What happenedShares ofMarathon Patent Group(NASDAQ:MARA)gained 59.3% in March 2021,according to data from S&P Global Market ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/06/why-marathon-patent-group-stock-soared-last-month/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MARA","symbol_name":"Marathon Digital Holdings Inc","start_time":0,"source_url":"https://www.fool.com/investing/2021/04/06/why-marathon-patent-group-stock-soared-last-month/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article","article_id":"1102177372","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1102177372","pubTimestamp":1618216034,"sourceInfo":null,"weMediaInfo":null,"summary":"(April 12) Marathon Patent Group rose about 8% in premarket trading.What happenedShares ofMarathon P","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MARA":"Marathon Digital Holdings Inc"},"translate_title":"Marathon Patent Group Inc.集团股票上月大涨，升势能否延续？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MARA":0.9},"content_text":"(April 12) Marathon Patent Group rose about 8% in premarket trading.What happenedShares ofMarathon Patent Group(NASDAQ:MARA)gained 59.3% in March 2021,according to data from S&P Global Market Intelligence. The cryptocurrency mining company sawBitcoin(CRYPTO:BTC)prices rise 27% over the same period. Like other mining specialists, Marathon tends to amplify the price trends of their underlying cryptocurrency tokens, and that was the case for Marathon in March.So whatMarathon's March gains weren't all about pure Bitcoin price gains. Near the end of the month, Marathon announced a North American Bitcoin mining pool that aims to distribute mining rewards among its own cryptocurrency mining systems and a larger group of third-party miners. This pool will comply with U.S. cryptocurrency regulations, accepting new miners in June 2021.Marathon's stock rose 10% on this news aloneeven though the Bitcoin market was relatively sleepy that day.Now whatThe company also provided a Bitcoin mining update in early April. The Bitcoin mining capacity more than doubled from January to March. Marathon's total Bitcoin holdings were worth $302 million at the end of March. 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The cryptocurrency mining company saw<b>Bitcoin</b>(CRYPTO:BTC)prices rise 27% over the same period. Like other mining specialists, Marathon tends to amplify the price trends of their underlying cryptocurrency tokens, and that was the case for Marathon in March.</p><p><b>So what</b></p><p>Marathon's March gains weren't all about pure Bitcoin price gains. Near the end of the month, Marathon announced a North American Bitcoin mining pool that aims to distribute mining rewards among its own cryptocurrency mining systems and a larger group of third-party miners. This pool will comply with U.S. cryptocurrency regulations, accepting new miners in June 2021.Marathon's stock rose 10% on this news aloneeven though the Bitcoin market was relatively sleepy that day.</p><p><b>Now what</b></p><p>The company also provided a Bitcoin mining update in early April. The Bitcoin mining capacity more than doubled from January to March. Marathon's total Bitcoin holdings were worth $302 million at the end of March. Another 10,300 mining systems were installed during the first quarter, lifting Marathon's total mining fleet to 12,900 systems. Management expects to have 103,000 systems operational by the end of March 2022. Investors are betting on this skyrocketing mining capacity to generate substantial revenues and profits over time.</p><p>It remains to be seen exactly how stable Bitcoin prices might be over the next year and beyond, but Marathon is betting the proverbial farm on economically viable mining returns. It's an exciting strategy, but many of us ordinary investors are opting forcalmer and less risky bets on the cryptocurrency market. Bitcoin itself arguably falls in that category.</p><p></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Marathon Patent Group Stock Soared Last Month, Can the Uptrend Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarathon Patent Group Stock Soared Last Month, Can the Uptrend Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 16:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/06/why-marathon-patent-group-stock-soared-last-month/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(April 12) Marathon Patent Group rose about 8% in premarket trading.What happenedShares ofMarathon Patent Group(NASDAQ:MARA)gained 59.3% in March 2021,according to data from S&P Global Market ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/06/why-marathon-patent-group-stock-soared-last-month/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"Marathon Digital Holdings Inc"},"source_url":"https://www.fool.com/investing/2021/04/06/why-marathon-patent-group-stock-soared-last-month/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102177372","content_text":"(April 12) Marathon Patent Group rose about 8% in premarket trading.What happenedShares ofMarathon Patent Group(NASDAQ:MARA)gained 59.3% in March 2021,according to data from S&P Global Market Intelligence. The cryptocurrency mining company sawBitcoin(CRYPTO:BTC)prices rise 27% over the same period. Like other mining specialists, Marathon tends to amplify the price trends of their underlying cryptocurrency tokens, and that was the case for Marathon in March.So whatMarathon's March gains weren't all about pure Bitcoin price gains. Near the end of the month, Marathon announced a North American Bitcoin mining pool that aims to distribute mining rewards among its own cryptocurrency mining systems and a larger group of third-party miners. This pool will comply with U.S. cryptocurrency regulations, accepting new miners in June 2021.Marathon's stock rose 10% on this news aloneeven though the Bitcoin market was relatively sleepy that day.Now whatThe company also provided a Bitcoin mining update in early April. The Bitcoin mining capacity more than doubled from January to March. Marathon's total Bitcoin holdings were worth $302 million at the end of March. Another 10,300 mining systems were installed during the first quarter, lifting Marathon's total mining fleet to 12,900 systems. Management expects to have 103,000 systems operational by the end of March 2022. Investors are betting on this skyrocketing mining capacity to generate substantial revenues and profits over time.It remains to be seen exactly how stable Bitcoin prices might be over the next year and beyond, but Marathon is betting the proverbial farm on economically viable mining returns. It's an exciting strategy, but many of us ordinary investors are opting forcalmer and less risky bets on the cryptocurrency market. Bitcoin itself arguably falls in that category.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":342674713,"gmtCreate":1618216442232,"gmtModify":1704707618824,"author":{"id":"3577722120895602","authorId":"3577722120895602","name":"DZJ1976","avatar":"https://static.tigerbbs.com/f0cb3bd8146604a31cbb6b27cf53752e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3577722120895602","idStr":"3577722120895602"},"htmlText":"It's a marathon not a sprint!&nbsp;","listText":"It's a marathon not a sprint!&nbsp;","text":"It's a marathon not a sprint!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/342674713","repostId":1102177372,"repostType":4,"repost":{"id":"1102177372","pubTimestamp":1618216034,"share":"https://ttm.financial/m/news/1102177372?lang=&edition=fundamental","pubTime":"2021-04-12 16:27","market":"us","language":"en","title":"Marathon Patent Group Stock Soared Last Month, Can the Uptrend Continue?","url":"https://stock-news.laohu8.com/highlight/detail?id=1102177372","media":"Motley Fool","summary":"(April 12) Marathon Patent Group rose about 8% in premarket trading.What happenedShares ofMarathon P","content":"<p>(April 12)&nbsp;Marathon Patent Group&nbsp;rose&nbsp;about&nbsp;8%&nbsp;in&nbsp;premarket&nbsp;trading.</p><p><img src=\"https://static.tigerbbs.com/88bc74f1edfff3ebca75629e512778a4\" tg-width=\"663\" tg-height=\"564\" referrerpolicy=\"no-referrer\"><b>What happened</b></p><p>Shares of<b>Marathon Patent Group</b>(NASDAQ:MARA)gained 59.3% in March 2021,according to data from S&amp;P Global Market Intelligence. The cryptocurrency mining company saw<b>Bitcoin</b>(CRYPTO:BTC)prices rise 27% over the same period. Like other mining specialists, Marathon tends to amplify the price trends of their underlying cryptocurrency tokens, and that was the case for Marathon in March.</p><p><b>So what</b></p><p>Marathon's March gains weren't all about pure Bitcoin price gains. Near the end of the month, Marathon announced a North American Bitcoin mining pool that aims to distribute mining rewards among its own cryptocurrency mining systems and a larger group of third-party miners. This pool will comply with U.S. cryptocurrency regulations, accepting new miners in June 2021.Marathon's stock rose 10% on this news aloneeven though the Bitcoin market was relatively sleepy that day.</p><p><b>Now what</b></p><p>The company also provided a Bitcoin mining update in early April. The Bitcoin mining capacity more than doubled from January to March. Marathon's total Bitcoin holdings were worth $302 million at the end of March. Another 10,300 mining systems were installed during the first quarter, lifting Marathon's total mining fleet to 12,900 systems. Management expects to have 103,000 systems operational by the end of March 2022. Investors are betting on this skyrocketing mining capacity to generate substantial revenues and profits over time.</p><p>It remains to be seen exactly how stable Bitcoin prices might be over the next year and beyond, but Marathon is betting the proverbial farm on economically viable mining returns. It's an exciting strategy, but many of us ordinary investors are opting forcalmer and less risky bets on the cryptocurrency market. Bitcoin itself arguably falls in that category.</p><p></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Marathon Patent Group Stock Soared Last Month, Can the Uptrend Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarathon Patent Group Stock Soared Last Month, Can the Uptrend Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 16:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/06/why-marathon-patent-group-stock-soared-last-month/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(April 12) Marathon Patent Group rose about 8% in premarket trading.What happenedShares ofMarathon Patent Group(NASDAQ:MARA)gained 59.3% in March 2021,according to data from S&P Global Market ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/06/why-marathon-patent-group-stock-soared-last-month/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"Marathon Digital Holdings Inc"},"source_url":"https://www.fool.com/investing/2021/04/06/why-marathon-patent-group-stock-soared-last-month/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102177372","content_text":"(April 12) Marathon Patent Group rose about 8% in premarket trading.What happenedShares ofMarathon Patent Group(NASDAQ:MARA)gained 59.3% in March 2021,according to data from S&P Global Market Intelligence. The cryptocurrency mining company sawBitcoin(CRYPTO:BTC)prices rise 27% over the same period. Like other mining specialists, Marathon tends to amplify the price trends of their underlying cryptocurrency tokens, and that was the case for Marathon in March.So whatMarathon's March gains weren't all about pure Bitcoin price gains. Near the end of the month, Marathon announced a North American Bitcoin mining pool that aims to distribute mining rewards among its own cryptocurrency mining systems and a larger group of third-party miners. This pool will comply with U.S. cryptocurrency regulations, accepting new miners in June 2021.Marathon's stock rose 10% on this news aloneeven though the Bitcoin market was relatively sleepy that day.Now whatThe company also provided a Bitcoin mining update in early April. The Bitcoin mining capacity more than doubled from January to March. Marathon's total Bitcoin holdings were worth $302 million at the end of March. Another 10,300 mining systems were installed during the first quarter, lifting Marathon's total mining fleet to 12,900 systems. Management expects to have 103,000 systems operational by the end of March 2022. Investors are betting on this skyrocketing mining capacity to generate substantial revenues and profits over time.It remains to be seen exactly how stable Bitcoin prices might be over the next year and beyond, but Marathon is betting the proverbial farm on economically viable mining returns. It's an exciting strategy, but many of us ordinary investors are opting forcalmer and less risky bets on the cryptocurrency market. Bitcoin itself arguably falls in that category.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4014547,"gmtCreate":1618217199900,"gmtModify":1680783736860,"authorId":3566535434368879,"author":{"id":3566535434368879,"idStr":"3566535434368879","authorId":3566535434368879,"name":"Beato","avatar":"https://static.tigerbbs.com/168b3f039158a17ca634aaf42cab2469","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":342674713,"type":1,"supId":0,"prevId":0,"content":"!!!","text":"!!!","html":"!!!"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":4,"commentSize":2,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}