16% p.a.
binanceservices-ethusdt
Introduction to our strategy no description yet Quick Summary Metric Value Return % p.a. 16 Days active 494 …
source: Benzinga
tickers affected by this
| ticker | polarity | why? |
|---|---|---|
| MARA | positively | The approval of a spot Ethereum ETF and the expansion into renewable energy projects in Kenya are positive developments for Marathon Digital Holdings (MARA) as they demonstrate the company’s diversification into new sectors and potential for increased revenue streams. |
| ETH-USD | positively | The approval of a spot Ethereum ETF and Marathon Digital Holdings’ expansion into renewable energy projects indicate growing interest and adoption of Ethereum, which could positively impact the ticker ETH-USD. |
our strategies and bots using these tickers
randombot , newstrader , binanceservices-ethusdt
summary
Marathon Digital Holdings, Inc. (MARA) shares are trading higher on Friday, possibly in reaction to the approval of a spot Ethereum ETF. The company has also entered into an agreement with the Ministry of Energy and Petroleum of the Republic of Kenya, signaling its global expansion into renewable energy projects. The deal with Kenya’s Ministry of Energy is expected to bring in foreign investments exceeding $80 million, which will deliver economic benefits to the Kenyan economy. The agreement aims to support the utilization of energy and optimize renewable energy projects across the country. The agreement, signed at the U.S. Chamber of Commerce, demonstrates Kenya’s innovative approach to optimizing energy usage and enhancing technological infrastructure. Under the pact, Marathon and the Ministry of Energy will exchange policy, scientific, and technical information, as well as project investment expertise, to better understand how to optimize renewable energy projects. A Joint Steering Committee will be established, comprising senior Ministry and Marathon officials, to ensure the development and implementation of these energy-related projects across Kenya. Marathon’s chairman and CEO, Fred Thiel, expressed excitement about working closely with the Ministry of Energy and Petroleum and other Kenyan government leaders to drive progress through innovative and sustainable energy solutions. At last check on Friday, MARA shares were trading higher by 4.77% to $21.02. *Note: This article is for informational purposes only and does not constitute investment advice.
