Stocks of companies operating within the Bitcoin ecosystem have profited from the leading cryptocurrency’s continuous rise. For example, year-to-date, shares of Marathon Digital Holdings (MARA) have increased by 377%. That’s peanuts, however, compared to its trailing twelve-month gains - all 11,234% of them. No, that’s not a typo. The thing is, Marathon isn’t even generating any revenue from Bitcoin right now. That’s because it is hoarding all it can accumulate, i.e., it expects Bitcoin’s price to further increase. The company released a business update last week, detailing its 1Q21 production statistics. The company mined 196 BTC in Q1, of which 102.3 were mined in March.
https://www.tipranks.com/news/article/marathon-ramping-up-the-bitcoin-mining-power-for-future-gains