Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time | Currency News | Financial and Business News

A small toy figure and representations of the virtual currency Bitcoin stand on a motherboard in this picture illustration

  • Bitcoin mining companies Riot Blockchain and Marathon Patent Group soared on Monday morning as investors anticipate bitcoin’s continued rally into 2021. 
  • Both mining companies recently announced purchases of more bitcoin mining equipment. On Monday, Marathon Patent Group purchased 70,000 miners for $170 million from Bitmain.
  • The stock moves come after

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