Shares of cryptocurrency miner Marathon Patent Group Inc. shot up around 20% on Wednesday, helping to make the company the most recent member of the $1 billion digital-mining group, as bitcoin hit a fresh record near $36,000.
According to FactSet data, the market value of Marathon Patent
MARA,
was at $1.030 billion, after its shares gained a fifth in value contributing to a $165 million gain in market capitalization from yesterday’s rise.
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