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Since the start of 2020, shares of Hut 8 Mining have gained more than 1,300% in cumulative returns. Comparatively, Marathon Digital has returned a staggering 5,670% to investors in less than two years. In this period, Bitcoin prices have surged by less than 1,000% in this period.
If you’re bullish on Bitcoin over the long term, you might want to consider investing in Hut 8 Mining or Marathon Digital. Today I’ll analyze both of these stocks to determine which I believe is currently the better investment.