Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global Inc (NASDAQ: COIN) are trading higher amid an increase in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
Bitcoin is trading higher by 1.6% at around $50,227 Monday morning.
Ethereum is trading higher by 2.1% at around $3,333 Monday morning.
Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.
Marathon Digital is trading higher by 5.5% at $37.20.
Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company’s portfolio consists of Verady, Tesspay, Coinsquare and others.
Riot Blockchain is trading higher by 5.6% at $36.25.
Coinbase is a provider of end-to-end financial infrastructure and technology for the crypto-economy.
Coinbase is trading higher by 4% at $267.72.
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