Marathon Digital’s stock price has increased more than 8 times year to date, the best performance among crypto companies with a valuation of at least

Market data shows that Marathon Digital's stock price has risen more than 8 times since the beginning of the year (as of the close of the US stock market on Wednesday, it was 813.82%), performing the best among encryption-related companies with a valuation of $5 billion or more. In addition, Coinbase, MicroStrategy, and Grayscale Bitcoin Trust have all risen by more than 300% in 2023, not only outperforming mainstream cryptocurrencies, but also becoming one of the stocks with the largest gains in the entire US market. FactSet data shows that these four bitcoin-related stocks are among the top eight performing stocks in US-listed companies with a market value of at least $5 billion.