Is Marathon Digital Holdings the Best Way to Play Crypto? – InvestorPlace

Is Marathon Digital Holdings the Best Way to Play Crypto? – InvestorPlace

There is no question Marathon Digital Holdings (NASDAQ:MARA) is on a roll. MARA stock is up more than 350% year-to-date. There’s been no stopping this crypto miner. 

image of bitcoin to represent cryptocurrency stocks

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In fact, InvestorPlace’s Ian Cooper recently named it one of the 5 Stocks to Buy and Hold For the Next Decade. They’ve all got the potential to make patient investors very wealthy.  

His rationale: When Bitcoin (CCC:BTC-USD) moves higher, so does MARA. I totally get the sentiment. 

However, this is a subject area that’s still very much evolving. As an investor, can you say with 100% certainty that Marathon Digital is the best crypto miner going? 

Further, is a bet on this or other crypto miners a safer alternative to Bitcoin, Ethereum (CCC:ETH-USD), or one of the other cryptocurrencies? And lastly, what about the makers of the mining machines. Don’t they deserve some attention? 

With all the frothiness surrounding the markets today, I question naming Marathon Digital a stock to own for the next decade. To me, a company like Lululemon (NASDAQ:LULU) makes a lot more sense, but that’s a discussion for another day. 

Here are three alternatives I would consider instead of Marathon Digital.

Go for BLOK Instead of MARA Stock

I like to provide my readers with options. There’s always an alternative. If not A, why not B? If not Marathon Digital, why not Amplify Transformational Data Sharing ETF (NYSEARCA:Source…