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MGTI

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0$
  • Previous Close
    0$
  • 52 Week Change
    0.00$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.0001$ - 0.0011$
  • Dividend Per Share
    --
  • Market cap
    249 K$
  • EPS
    0
  • Beta
    2.689
  • Volume
    --

About

MGTI.US represented shares of Marathon Digital Holdings, Inc., a company focused on mining digital assets, with a particular emphasis on Bitcoin. Through its mining operations, Marathon Digital Holdings aims to build one of the largest mining facilities in North America and increase its Bitcoin production capacity. The company's stock price and overall performance are closely tied to the price and volatility of Bitcoin, as well as the efficiency and scale of its mining operations.

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Factors

MGTI.US has been delisted. Therefore, current market conditions and general economic factors do not directly affect its price. However, previous factors affecting MGTI's stock price included: Bitcoin prices: MGTI's strategic shift towards Bitcoin mining significantly tied its stock value to Bitcoin's fluctuations. Cryptocurrency market sentiment: Overall optimism or pessimism surrounding cryptocurrencies impacted investor confidence in MGTI. Mining operation efficiency: The profitability of MGTI's Bitcoin mining operations directly influenced its revenue and perceived value. Regulatory developments: Changes in regulations concerning cryptocurrency mining and blockchain technology affected MGTI's business prospects. Company announcements: News related to mining capacity, acquisitions, or strategic partnerships caused price volatility. Market speculation: Sentiment, often unrelated to fundamentals, caused short-term price fluctuations. Overall technology sector performance: Broad trends within the technology sector influenced investor appetite for technology stocks like MGTI. Competition: The performance and actions of other Bitcoin mining companies influenced investors' views on MGTI's competitive position. Financial performance: Revenue, profit, and balance sheet health impacted investor confidence and stock valuation before delisting. Investor sentiment: Investor perception of the company's prospects and management influenced stock prices.

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