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Bitcoin Miner Marathon's Sales Beat Fails to Impress Wall Street

Bitcoin Miner Marathons Sales Beat Fails to Impress Wall Street
The company sold 56% of its mined bitcoin during the fourth quarter to fund operating costs.

The shares of the miner fell more than 7% in the post-market trading, after outperforming its peers on Wednesday during the normal trading session. Bitcoin's price whipsawed today, erasing some of the earlier gains, still 6% higher, at around $60,530. The broader CoinDesk 20 Index added 3.6%, by comparison.

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