Better Bitcoin Stock: Riot Platforms vs. Marathon Digital
Riot Platforms (NASDAQ: RIOT) and Marathon Digital (NASDAQ: MARA) are two of the largest pure play Bitcoin (CRYPTO: BTC) miners in America. Both stocks hit their all-time highs in 2021 as Bitcoin's price skyrocketed, but they stumbled over the past two years as rising interest rates crushed the cryptocurrency market.
I compared these two stocks last June and called Riot the better buy because it faced fewer regulatory headwinds and had a healthier balance sheet. Riot's stock has risen nearly 150% since then, while Marathon's stock has advanced about 80%. Let's see why Riot outperformed Marathon -- and if it's still the better bet on the Bitcoin market.
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Source Fool.com
