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On Nov. 15, Marathon Digital Holdings, Inc (NASDAQ:MARA) plummeted over 27% after the company disclosed it had received a subpoena from the U.S. Securities and Exchange Commission asking it to produce communications and documents related to its data-center facility in Hardin, Montana. Between Tuesday and Thursday, the sell-off continued and Marathon Digital pulled back a further 13% to a low of $47.41 but this time in sympathy with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which have plummeted about 15% and 14%, respectively, since Sunday’s 24-hour closing prices.
...read full article on Benzinga
