Marathon Patent Group INC
Marathon is a digital asset technologies company focusing on the blockchain ecosystem and cryptocurrency mining. Its flagship 105-MW data centre is located in the US state of Montana. The company is planning to launch 103,060 new miners in 2021. When fully deployed, these will generate approximately 10.36 EH/s, which will bring the company $618 million annually.
Marathon was founded in 2010 and is headquartered in Las Vegas, Nevada, in the United States. The company's shares have been listed on the NASDAQ since 2012 and trade under the ticker symbol MARA.
Amid the 2020 crypto boom, shares in the company have enjoyed vigorous growth of 260% in the space of just 12 months. In late 2020, the firm invested over $200 million in mining equipment to boost its productivity more than five-fold. This means that it is reasonable for us to expect the share price to rise further; any increase in the value of cryptocurrencies will only add to the potential upside.
How can I buy/sell Marathon Patent Group (MARA)?
If you want to buy or sell ordinary shares in Marathon Patent Group (MARA), you will need to have access to stock markets. But if all you care about is making money on any changes in the price of its stock, using a broker or trading platform is a much better option. Such platforms include MetaTrader 4 or Libertex, These sorts of platforms make the process of opening and closing positions easier and allow leveraged trading.