TipRanks
2022-09-08 05:44:06

HIVE (HIVE), Marathon Digital (MARA): 2 Crypto Mining Stocks In Focus

The crypto market has crashed terribly this year as investors have shifted their focus from risky assets to safer bets amid rising interest rates and a tough macro backdrop. The situation has been quite tense for crypto mining companies as their financials have been significantly hit by declining prices of Bitcoin (BTC-USD) and other cryptocurrencies, with higher energy costs making matters worse. Here we will discuss what Wall Street analysts think about two of the leading crypto mining stocks – Hive Blockchain (NASDAQ:HIVE) (TSE:HIVE) and Marathon Digital (NASDAQ:MARA).

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