Altria Group Inc. said Monday it will continue to evaluate prospects of cannabis company Cronos Group Inc. on whether it will acquire additional common shares of Cronos or dispose of them in the open market, in privately negotiated transactions with Cronos or third parties. Altria expects to claim a capital loss of $483 million on its U.S federal consolidated income tax return for 2022, related to its stake in Cronos Group. Altria continues to own 156.57 million common shares of Cronos. The toba Read More...
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Better Bitcoin Stock: Coinbase vs. Marathon Digital Holdings
Bitcoin’s (CRYPTO: BTC) price hit an all-time high of $67,567 last November. The world’s top cryptocurrency lost its luster as inflation, rising interest rates, and other macro headwinds drove investors away from riskier investments. Coinbase (NASDAQ: COIN), one of the world’s largest cryptocurrency exchanges, and Marathon Digital (NASDAQ: MARA), one of the market’s top Bitcoin mining companies, both shed more than 80% of their value this year.
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