Marathon Digital, Riot Blockchain Shares Rise With Cryptocurrency

By Chris Wack

 

Marathon Digital Holdings Inc. shares were up 11% to $30.67, and Riot Blockchain Inc. shares were up 8% to $21.12, after cyrptocurrencies rose Tuesday.

Bitcoin was up 5% to $42,870 at 10:50 a.m. ET. Bitcoin Cash was up 14% to $371.77, and ethereum was up 4% to $3,011, while Litecoin was up 7% to $121.18.

Riot Blockchain shares hit their 52-week low on Jan. 24. Its stock price target was cut to $49 from $53 a share by B. Riley Securities, who maintained its Buy rating on the shares.

 

Write to Chris Wack at chris.wack@wsj.com


 

(END) Dow Jones Newswires

March 22, 2022 11:16 ET (15:16 GMT)

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