Marathon, Riot amongst most overvalued Bitcoin mining shares: Report

(BTC) mining heavyweights Marathon Digital (NASDAQ:) and Riot Platforms (NASDAQ:) are among the many most overvalued crypto mining corporations relative to their rivals, says MinerMetrics founder and analyst Jaran Mellerud.

The important thing metric backing Mellerud’s declare is enterprise value-to-sales ratio — measuring an organization’s worth to its gross sales income. The upper the ratio, the extra overvalued an organization is.

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