Shares of Bitcoin (BTC-USD) mining operators including Riot Blockchain (RIOT) and Marathon Digital Holdings (MARA) fell into the red on Thursday morning. Stocks have reversed course after big gains while approval for a spot Bitcoin ETF from the Securities and Exchange Commission (SEC) is pending.
Yahoo Finance crypto reporter David Hollerith takes a look at Riot and Marathon's plans to expand their crypto mining operations in 2024 and Cathie Wood's recent sale of ARK Invest's remaining Grayscale (GBTC) shares.
For more expert insights and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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