Marathon Digital Holdings Inc is trading 4.1% down at $12.77 following back-to-back declines tied to Bitcoin’s earlier pullback and renewed pressure on high-beta crypto-mining stocks.
- The stock is currently underperforming both its cryptocurrency benchmarks and the broader market as major indices fall more than 1.5%.
- Selling pressure is intensifying due to a general risk-off sentiment toward speculative assets, leaving Marathon lagging behind the modest downward moves seen in Bitcoin and Ethereum.