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MARATHON DIGITAL HOLDINGS (NASDAQ: MARA) STOCK QUOTE

Last Trade: US$21.21 1.13 5.63
Volume: 46,238,533
5-Day Change: 7.94%
YTD Change: -9.71%
Market Cap: US$5.790B

LATEST NEWS FROM MARATHON DIGITAL HOLDINGS

Agreement Establishes a Joint Steering Committee and a Framework To Utilize Green Data Centers To Optimize Renewable Energy Projects, Advance Technological Infrastructure, and Promote Economic Development across the Republic of Kenya Fort Lauderdale, FL, May 24, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a global leader in leveraging digital asset compute to support the... Read More
Revenues Increase 223% to a Record $165.2 Million Net Income Increases 184% to a Record $337.2 Million, or $1.26 per Diluted Share Adjusted EBITDA Increases 266% to a Record $528.8 Million Fort Lauderdale, FL, May 09, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), global leader in leveraging digital asset compute to support the energy transformation, reported its financial... Read More
NEW YORK , May 3, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Vistra Corp. (NYSE: VST) will replace Pioneer Natural Resources Co. (NYSE: PXD) in the S&P 500, S&P SmallCap 600 constituent Aaon Inc. (NASD: AAON) will replace Vistra in the S&P MidCap 400, and Marathon Digital Holdings Inc. (NASD: MARA) will replace Aaon in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, May 8 . S&P 500 and S&P... Read More
Average Operational Hash Rate Increases 15% M/M to 21.1 EH/s Increased BTC Holdings to 17,631 BTC; Total Cash and BTC of $1.6 B as of April 30, 2024 Increased End of Year 2024 Total Installed Hash Rate Guidance to 50 EH/s, Confirmed and Fully Funded Fort Lauderdale, FL, May 03, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or the "Company"), one of the world’s largest publicly traded... Read More
New 50 EH/s Target Represents Approximately 100% Growth in Hash Rate during Fiscal Year 2024 Fort Lauderdale, FL, April 25, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today announced that the Company is increasing its hash rate target for fiscal year... Read More
Earnings Webcast and Conference Call Set for Thursday, May 9, 2024 at 5:00 p.m. ET Fort Lauderdale, FL, April 24, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Thursday, May 9, 2024 at 5:00 p.m. Eastern time to... Read More
Fort Lauderdale, FL, April 15, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today announced the appointment of Manoj Narender Madnani as Managing Director for the EMEA Region, where he will oversee Marathon’s strategic expansion opportunities in Europe,... Read More
Fort Lauderdale, FL, April 05, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today announced the appointment of Vicki Mealer-Burke to its board of directors, effective April 1, 2024. With this addition, Marathon's board is now comprised of eight... Read More
Increased BTC Holdings to 17,381 BTC; Total Cash and BTC of $1.6B as of March 31, 2024 Average Operational Hash Rate Increases 4% M/M to 18.3 EH/s Fort Lauderdale, FL, April 04, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today published unaudited... Read More
Fort Lauderdale, FL, April 02, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, has closed its previously announced acquisition of a Bitcoin mining data center in Garden City, Texas, with a name plate capacity of 200 megawatts, from Applied Digital... Read More
MARA 2PIC700 Built To Transform Data Center Operations with Increased Power, Density, and Efficiency, even under Extreme Conditions Fort Lauderdale, FL, March 26, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today announced MARA 2PIC700 , a next... Read More
Firmware and Control Board Designed To Improve the Performance, Efficiency, and Stability of Bitcoin Mining Rigs Now Publicly Available Fort Lauderdale, FL, March 25, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today launched MARAFW and MARA UCB 2100 ,... Read More
All Cash Acquisition To Increase Marathon’s Bitcoin Mining Portfolio to 1.1 Gigawatts, 54% of which Will Reside on Sites Directly Owned and Operated by the Company Fort Lauderdale, FL, March 15, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, has entered... Read More
Divestiture Reflects Strategy to Focus on Strategic HPC Sites in North Dakota Redirects Resources and Strengthens Balance Sheet DALLAS, March 15, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced that it has entered... Read More
Increased Energized Hash Rate 9% M/M to 28.7 EH/s Increased BTC Holdings to 16,930 BTC; Total Cash and BTC of $1.5B as of February 29, 2024 Fort Lauderdale, FL, March 05, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for February... Read More
Revenues Increase 229% to a Record $388 Million in 2023 Net Income Improves to $261.2 Million, or $1.06 per Diluted Share, in 2023 Adjusted EBITDA Improves to $419.9 Million in 2023 BTC Production Increases 210% to a Record 12,852 in 2023 Fort Lauderdale, FL, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem,... Read More
New Bitcoin Layer-Two Network Designed To Expand Bitcoin’s Functionality, Spark Innovation, and Encourage Adoption Fort Lauderdale, FL, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today revealed Anduro , a new multi-chain layer-two network on Bitcoin aimed at accelerating Bitcoin development and adoption.... Read More
LONDON / Feb 24, 2024 / Business Wire / OrdinalsBot , a premier technology infrastructure company which provides API solutions for Bitcoin Ordinals and BRC-20s, has minted the full supply of a BRC-20 token in a single Bitcoin transaction via Slipstream, a new service launched by Marathon Digital Holdings (NASDAQ: MARA). This Bitcoin block represents a historical moment for the industry, being the first full supply of a... Read More
New Direct Transaction Submission Service Designed To Streamline Confirmations for Large or Non-Standard Bitcoin Transactions Fort Lauderdale, FL, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has launched Slipstream , a direct Bitcoin transaction submission service designed to streamline confirmations of... Read More
Earnings Webcast and Conference Call Set for Wednesday, February 28, 2024 at 5:00 p.m. ET Fort Lauderdale, FL, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Wednesday, February 28, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the fourth... Read More
Closed Generate Capital Acquisition, Paving Path to 50 EH/s Signed Agreement with Hut8 To Assume Full Control of New Sites by April 30 Increased Energized Hash Rate 7% M/M to 26.4 EH/s BTC Holdings 15,741 and Total Cash & BTC of $1.0B as of January 31, 2024 Fort Lauderdale, FL, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the... Read More
Fort Lauderdale, FL , Feb. 01, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has entered into an agreement with affiliates of Hut8 Mining Corp. (such affiliates, “Hut8”) to remove Hut8 as the operator of two Bitcoin mining sites recently acquired by Marathon in Granbury, Texas and Kearney, Nebraska. Marathon... Read More
Fort Lauderdale, FL, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) (“Marathon” or “Company”) , a leader in supporting and securing the Bitcoin ecosystem, has closed its previously announced acquisition of two operational Bitcoin mining sites, totaling 390 megawatts of operational capacity, from Generate Capital. “With the closing of this acquisition, we have officially made the transition... Read More
Fort Lauderdale, FL, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a leader in supporting and securing the Bitcoin ecosystem, today announced the following investor conference participation. On January 18, Salman Khan, Chief Financial Officer, will participate in the Needham Growth Conference . The Company’s fireside chat is scheduled to begin on the same day at... Read More
Record BTC Production of 1,853 BTC in December and 12,852 BTC in 2023 Increased Average Operational Hash Rate 18% M/M to 22.4 EH/s BTC Holdings Now Over 15,000, Total Cash & BTC of $1.0B as of December 31, 2023 Fort Lauderdale, FL, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a leader in supporting and securing the Bitcoin ecosystem, today published unaudited... Read More
Fort Lauderdale, FL, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has added Anchorage Digital Bank National Association (“Anchorage Digital Bank”), a leading secure custodian and the only federally chartered crypto bank, as a bitcoin custodian, increasing the number of Marathon’s bitcoin custodians from... Read More
First Fully Owned Sites Provide Immediate Expansion Opportunities, Operational Efficiencies, and Increase Marathon’s Bitcoin Mining Portfolio 56% to 910 Megawatts of Capacity Webcast and Conference Call Scheduled for Today, December 19, at 9:00 am ET (Registration Link Here ) Fort Lauderdale, FL, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), a leader in supporting... Read More
Garden City Fully Energized; Grew Hash Rate to 23.7 EH/s Produced 1,187 BTC in November 2023 and 10,999 BTC Year-to-Date Combined Unrestricted Cash and Bitcoin Was $802.3 Million as of November 30, 2023 Fort Lauderdale, FL, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin... Read More
Fort Lauderdale, FL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the quarter ended September 30, 2023. Third Quarter 2023 Financial Results The Company recorded net income of $64.1 million, or $0.35 per diluted share, during the three months ended... Read More
1.1 EH/s To Be Powered by 27 MW of Hydro Energy near Itaipu Dam Fort Lauderdale, FL, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has launched its second international deployment with a 27 megawatt Bitcoin mining project in Paraguay that is completely powered by renewable, hydro energy. The first miners... Read More
Produced 1,202 BTC in October 2023 and 9,812 BTC Year-to-Date Garden City Energization Underway; Full 4.1 EH/s Expected by November Month-End Combined Unrestricted Cash and Bitcoin Was $620 Million as of October 31, 2023 Fort Lauderdale, FL, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published... Read More
Fort Lauderdale, FL, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has entered into an agreement with Nodal Power , a company that develops and operates renewable energy assets, specifically in the biogas space, to launch a 280 kW Bitcoin mining pilot project in Utah that is exclusively powered by landfill... Read More
Earnings Webcast and Conference Call Set for Wednesday, November 8, 2023 at 4:30 p.m. ET Fort Lauderdale, FL, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Wednesday, November 8, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter... Read More
Fort Lauderdale, FL, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has added a new, enterprise-grade custodian to allow it to diversify its bitcoin treasury with multiple providers. As Marathon continues to increase its hash rate, it has grown its bitcoin holdings to 13,726 as of September 30, 2023. In... Read More
Increased Monthly Average Operational Hash Rate 20% Produced 1,242 BTC in September 2023 and 8,610 BTC Year-To-Date Record Monthly Share of Miner Rewards at 4.3% Combined Unrestricted Cash and Bitcoin Was $471 Million as of September 30, 2023 Fort Lauderdale, FL, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin... Read More
$417 Million of Convertible Notes Exchanged at Approximately 21% Discount Approximately $101 Million in Cash Savings before Transaction Costs Transactions Accretive to Existing Stockholders by Approx. $0.55 Per Share Fort Lauderdale, FL, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has completed the... Read More
Fort Lauderdale, FL, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), today announced that the Company has entered into privately negotiated exchange agreements with certain holders of its 1.00% Convertible Senior Notes due 2026 (the “Notes”) to exchange approximately $417 million aggregate principal amount of the Notes held by such holders (the “Exchanges”) for an... Read More
Secured Miners for 5 EH/s Additional Hash Rate Produced 1,072 BTC in August 2023 and 7,368 BTC Year-To-Date Combined Unrestricted Cash and Bitcoin Was $445 Million as of August 31, 2023 Fort Lauderdale, FL , Sept. 05, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production... Read More
Fort Lauderdale, FL, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the quarter ended June 30, 2023. Second Quarter 202 3 Financial Results The Company recorded a net loss of $21.3 million, or $0.13 per share, during the three months ended June 30, 2023,... Read More
Mined a Record 179 Blocks in July 2023 Produced 1,176 BTC in July 2023 and 6,297 BTC Year-To-Date Increased Operational Hash Rate 6% to 18.8 EH/s and Installed Hash Rate 5% to 22.8 EH/s in July 2023 JV in Abu Dhabi Began Mining Operations; Produced 17 BTC in July Reported Unrestricted Cash and Cash Equivalents of $115 Million and Increased Unrestricted Bitcoin Holdings to 12,964 BTC (c. $379 Million) as of July 31, 2023 FORT... Read More
FORT LAUDERDALE, Fla., July 26, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Tuesday, August 8, 2023, at 4:30 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2023. Financial results will be published in a press release prior to the... Read More
Produced 979 BTC in June 2023 and 5,120 BTC Year-To-Date Increased Operational Hash Rate 16% to 17.7 EH/s and Installed Hash Rate 8% to 21.8 EH/s in June 2023 JV in Abu Dhabi Began Mining Operations, on Track for 7 EH/s by Year End Reported Unrestricted Cash and Cash Equivalents of $114 Million and Increased Unrestricted Bitcoin Holdings to 12,538 BTC (c. $382 Million) as of June 30, 2023 FORT LAUDERDALE, Fla., July 05, 2023... Read More
FORT LAUDERDALE, Fla., June 15, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, is issuing a warning to the public to be alert for cryptocurrency scams. The company has become aware of multiple fraudulent websites and apps claiming to be affiliated with Marathon Digital Holdings, as well as fraudulent communications... Read More
FORT LAUDERDALE, Fla., June 09, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), today announced the closing of its previously announced private placement for the issuance and sale of 15,000 shares of Series A redeemable convertible preferred stock. Each share of Series A preferred stock had a purchase price of $952.38, representing an original issue discount of approximately... Read More
FORT LAUDERDALE, Fla., June 07, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today announced the appointment of Salman Khan to the position of chief financial officer. Khan brings to Marathon 25 years of finance and accounting experience. Prior to joining Marathon, he served as chief financial officer for Verb... Read More
FORT LAUDERDALE, Fla., June 05, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), today announced that it has entered into a securities purchase agreement for the purchase of 15,000 shares of Series A redeemable convertible preferred stock in a private placement. Each share of Series A preferred stock has a purchase price of $952.38, representing an original issue discount of... Read More
Produced a Record 1,245 BTC in May 2023 and 4,141 BTC Year-To-Date Increased Operational Hash Rate 9% to 15.2 EH/s and Installed Hash Rate 13% to 20.1 EH/s in May 2023 Raised nearly $800,000 for Bitcoin Core Developers in Collaboration with Brink Reported Unrestricted Cash and Cash Equivalents of $97.3 Million and Increased Unrestricted Bitcoin Holdings to 12,259 BTC (c. $333.7 Million) as of May 31, 2023 FORT LAUDERDALE,... Read More
FORT LAUDERDALE, Fla., May 18, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, and Brink , a 501(c)(3), fully-donor supported organization dedicated to strengthening the Bitcoin protocol and network through research, development, and a robust support system for both emerging and established Bitcoin developers via... Read More
Funding led by Celesta Capital and Mayfield Company driving disruptive solutions for scalable, secure and sustainable infrastructure SILICON VALLEY, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Auradine, a pioneer in web infrastructure solutions including blockchain, security and privacy, today announced that it has raised $81 million in its initial round of funding. The Series A funding was led by Celesta Capital and Mayfield,... Read More
FORT LAUDERDALE, Fla., May 10, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Results The Company recorded a net loss of $(7.2) million, or $(0.05) per share, during the fiscal quarter ended March... Read More
FORT LAUDERDALE, Fla., May 09, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, and Zero Two (Registered name FS Innovation), an emerging blockchain and digital assets infrastructure development company focused on accelerating the global digital economy while supporting the power grid of Abu Dhabi, today announced... Read More
FORT LAUDERDALE, Fla., May 04, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Thursday, May 11, 2023, at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2023. Financial results will be published in a press release prior to the... Read More
Increased Operational Hash Rate 22% to 14 EH/s and Installed Hash Rate 16% to 17.9 EH/s in April 2023 Produced 702 BTC in April 2023 and 2,896 BTC Year-To-Date Reported Unrestricted Cash and Cash Equivalents of $123.5 Million, and Increased Unrestricted Bitcoin Holdings to 11,568 BTC (c. $319.2 Million) as of April 30, 2023 FORT LAUDERDALE, Fla., May 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA)... Read More
Increased Bitcoin Production 21% Month-Over-Month, Producing a Record 825 BTC in March 2023 and a Record 2,195 BTC in Q1 2023 Increased Hash Rate 64% in Q1 2023 to 11.5 EH/s as of March 31, 2023 Reported Unrestricted Cash and Cash Equivalents of $124.9 Million and Increased Unrestricted Bitcoin Holdings to 11,466 BTC (c. $326.5 Million) as of March 31, 2023 FORT LAUDERDALE, Fla., April 03, 2023 (GLOBE NEWSWIRE) -- Marathon... Read More
FORT LAUDERDALE, Fla., March 31, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, announced that Chief Financial Officer Hugh Gallagher has informed the Company that he intends to retire effective May 12, 2023. The Company has initiated an external search for a new Chief Financial Officer. “I joined Marathon to support... Read More
FORT LAUDERDALE, Fla., March 16, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the fourth quarter and fiscal year 2022 ended December 31, 2022. Fiscal Year 2022 Financial Results The Company recorded a net loss of $(686.7) million, or $(6.05) per share, during the... Read More
FORT LAUDERDALE, Fla., March 13, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today announced that based on the information made publicly available on Sunday, March 12, 2023 by the Treasury, Federal Reserve, and Federal Deposit Insurance Corporation (“FDIC”), the Company’s deposits that were held at Signature Bank,... Read More
FORT LAUDERDALE, Fla., March 08, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has repaid its term loan and terminated its credit facilities with Silvergate Bank, reducing Marathon’s debt by $50 million and increasing the Company’s unrestricted bitcoin holdings by 3,132 BTC. In early February 2023, Marathon provided... Read More
DALLAS, March 07, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, today announced the energizing of its 180-megawatt (MW) facility in Ellendale, North Dakota. The Company broke ground on the facility on September 8, 2022 and... Read More
Increased Hash Rate 30% by Energizing Approximately 18,800 Bitcoin Miners (c. 2.2 EH/s) in February 2023 Produced 683 BTC in February 2023 and 1,370 BTC Quarter-To-Date Increased Unrestricted Cash to $219.7 Million and Increased Unrestricted Bitcoin Holdings to 8,260 BTC (c. $191.2 million) FORT LAUDERDALE, Fla., March 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a... Read More
FORT LAUDERDALE, Fla., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, announced today that it has cancelled its webcast and conference call for the fourth quarter and fiscal year 2022, initially scheduled for today, February 28, 2023, at 4:30 p.m. Eastern time, and will postpone the publication of its... Read More
FORT LAUDERDALE, Fla., Feb. 20, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Tuesday, February 28, 2023, at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and fiscal year 2022 ended December 31, 2022. Financial results will be published... Read More
Produced a Record 687 BTC in January 2023, 45% Increase from the Prior Month Increased Unrestricted Cash to $133.8 Million and Increased Unrestricted Bitcoin Holdings to 8,090 BTC as of January 31 FORT LAUDERDALE, Fla., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin... Read More
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Achieved a New Record in Quarterly BTC Production Produced 475 BTC in December 2022, 1,562 BTC in Q4 2022, and 4,144 BTC In Fiscal Year 2022 Increased Unrestricted Cash to $103.7 Million and Unrestricted Bitcoin Holdings to 7,815 BTC as of December 31 LAS VEGAS, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc.... Read More
Produced 472 BTC in November 2022 and 1,087 BTC Quarter-To-Date Increased Unrestricted Cash to $61.7 Million and Unrestricted Bitcoin Holdings to 4,200 BTC as of November 30 Initiated Pilot Immersion Deployment and Installed Approximately 14,000 S19 XPs in Texas LAS VEGAS, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin... Read More
LAS VEGAS, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the quarter ended September 30, 2022. Third Quarter 2022 Financial Results The Company recorded a net loss of $(75.4) million, or $(0.65) per share, during the quarter compared with a net loss of... Read More
Produced a Record 615 BTC in October 2022 Total Bitcoin Holdings Increased to 11,285 BTC with a fair market value of $231.3 Million Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for October 2022. Management Commentary “October was the most productive... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Tuesday, November 8, 2022 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2022. Financial results will be published in a press release prior to the call and available on the investor relations... Read More
Produced 360 BTC in September 2022 and 616 BTC in Q3 2022 Total Bitcoin Holdings Increased to 10,670 BTC with a fair market value of $207.3 Million Current Operations and Energization at King Mountain Wind Farm Continue in Line with Previous Expectations Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin... Read More
The Second Facility in the State and Third for the Company Overall, Further Expanding its High-Performance Computing (HPC) Infrastructure Executed Additional 70MW Option with Marathon Digital Holdings (Nasdaq: MARA), Bringing Total Contracted Capacity to 276MW Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") a designer, builder and operator of next-generation datacenters that provide power to... Read More
Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for August 2022. Management Commentary “In August, we continued to install and energize miners with our hosting providers, increasing our hash rate and steadily improving our bitcoin production,” said Fred Thiel,... Read More
Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the quarter ended June 30, 2022. Management Commentary “In the second quarter of 2022, we increased our bitcoin production 8% year-over-year, producing 707 bitcoin, and we continued to install miners in Texas in anticipation of energization as... Read More
Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has expanded its credit facilities with Silvergate Bank, the leading provider of innovative financial infrastructure solutions to the digital currency industry, by refinancing its existing $100 million revolving line of credit and adding an additional $100 million term loan on July 28. The $100... Read More
Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Monday, August 8, 2022 at 4:30 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2022. Financial results will be published in a press release prior to the call and available on the investor relations section of the... Read More
Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") has entered into a five-year hosting contract with Marathon Digital Holdings, Inc. (Nasdaq: MARA) (“Marathon”) for 200-Megawatts (“MW”) of Bitcoin mining capacity. The Company will provide comprehensive hosting services for Marathon’s Bitcoin miners at Applied Blockchain’s owned and operated co-hosting datacenters. “Partnering with Marathon, one... Read More
Applied Blockchain (NASDAQ: APLD) To Supply 200 MW of Hosting to Marathon, with the Option To Increase to 270 MW Compute North and Others To Supply an Additional 54 MW of Hosting Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a leader in supporting and securing the Bitcoin ecosystem, today announced that the Company has secured approximately 254 megawatts of new hosting arrangements for its... Read More
Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") today provided updates on its operations and financial guidance. Updated fiscal fourth quarter 2022 (ended May 31, 2022) financial guidance with revenue increasing at the midpoint from $5.95 million to $7.20 million. Datacenter in Jamestown, North Dakota is partially offline due to unexpected equipment failure at the substation powering the... Read More
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Company Produces 707 BTC in Q2 2022, up 8% Year-Over-Year from Q2 2021 Company Now Holds 10,055 BTC Directly After Eliminating Investment Fund Structure Cash on Hand Was $88.7 Million, and Total Available Liquidity Was $153.7 Million at June 30 Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a leader in supporting and securing the Bitcoin ecosystem, today disclosed that, as a result of a storm that passed through Hardin, MT earlier this month, the Company’s mining operations in the region are currently without power and likely to remain offline until the damaged power generating facility can be repaired. Based on the latest inspection... Read More
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Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for May 2022. Management Commentary “Although we continue to install miners at the Texas... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, reported its financial and operational results for the quarter ended March 31, 2022. First Quarter 2022 Financial Results Revenue increased to $51.7 million, an increase of $42.6 million, or 465%, from the prior-year quarter and a decrease of $8.6 million, or 14%, from the... Read More
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Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for April 2022. Historical and Potential Hash Rate Growth Based on Current Shipment... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, will hold a webcast and conference call on Wednesday, May 4, 2022 at 4:30 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2022. Financial results will be published in a press release prior to the call and available on the investor... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today announced the Company’s intent to transition its bitcoin miners from the facility in Hardin, MT to new locations with more sustainable and non-carbon emitting sources of power. In 2021, Marathon announced that the Company’s mining operations would be 100% carbon... Read More
Company Produces a Record 1,259 BTC in Q1 2022, up 556% Year-Over-Year from Q1 2021 and up 15% Sequentially from Q4 2021 Total Bitcoin Holdings Increase to 9,374 BTC Hash Rate Increased 14% from the Prior Quarter with Deployments Expected To Ramp in the Coming Weeks as Permitting and Approval Process is Finalized Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, has appointed Doug Mellinger to its board of directors, effective March 31, 2022. As a result, Marathon’s board of directors now consists of seven directors, including six independent directors and one inside director. Doug Mellinger is an active entrepreneur,... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, has appointed Hugh Gallagher to the position of chief financial officer effective March 31, 2022. In conjunction with this addition to Marathon’s leadership team, Sim Salzman, the Company’s current chief financial officer, will be transitioning to the role of chief... Read More
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Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for February 2022. Historical and Potential Hash Rate Growth Based on Current Shipment... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, reported financial results for the fourth quarter and fiscal year ended December 31, 2021. Fourth Quarter and Fiscal Year 2021 Financial Highlights Q4 2021 revenue increased 2,180% year-over-year to $60.3 million from $2.6 million in Q4 2020 Fiscal year 2021 revenue... Read More
LAS VEGAS, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today announced that the Company has appointed Raymond Walintukan as vice president of mining operations. Walintukan, who is a non-executive officer, will report to COO Jim Crawford and will be responsible for managing the... Read More
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January Bitcoin Production Increases 816% Year-Over-Year as Total Bitcoin Holdings Increase to 8,595 BTC Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner... Read More
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Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today announced that the Company has appointed Ashu Swami as chief technology officer. Swami will be responsible for overseeing and expanding the Company’s technical... Read More
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Annual Bitcoin Production Increases 846% Year-over-Year to 3,197 BTC in 2021 Monthly Bitcoin Production Increases 147% Month-over-Month to a Record 484.5 BTC as Total Bitcoin Holdings Increase to 8,133 BTC Record Order for BITMAIN’S S19 XPs To Expand Marathon’s Mining Fleet to Approximately 199,000 Bitcoin Miners Producing... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, has entered into a contract with BITMAIN to purchase a record number of ANTMINER S19 XP (140 TH/s) bitcoin miners. Based on current delivery schedules, Marathon anticipates all newly purchased miners to ship from BITMAIN between July 2022 and December 2022. In conjunction... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today announced that the Company has provided a donation to Summer of Bitcoin 2022 , a global summer internship program focused on introducing university students to Bitcoin and open-source development. Marathon’s donation is expected to fund multiple student projects, each... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, announced that Merrick Okamoto, Executive Chairman, plans to retire at the end of 2021. The board of directors has appointed Fred Thiel, Marathon’s current CEO, to succeed Okamoto on January 1, 2022, at which time, Thiel will maintain the responsibilities of both chairman... Read More
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Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for November 2021. Historical and Potential Hash Rate Growth Based on Current Shipment... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, is scheduled to participate at the following financial conferences in December 2021: D.A. Davidson FinTech & Payments Spotlight Presenting Thursday, December 2, 2021 at 9:45 a.m. Eastern time Virtual Webcast Link B. Riley Securities Crypto Conference Presenting Wednesday,... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, has expanded its agreement with Compute North to host more than 100,000 of Marathon’s previously purchased bitcoin miners at multiple locations, the majority of which are wind and solar farms operated by one of the largest renewable energy power providers in North America.... Read More
Marathon Digital Holdings, Inc. (Nasdaq: MARA), one of the largest enterprise Bitcoin self-mining companies in North America, today announced the pricing of its offering of $650,000,000 aggregate principal amount of 1.00% convertible senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The... Read More
Marathon Digital Holdings, Inc. (Nasdaq: MARA), one of the largest enterprise Bitcoin self-mining companies in North America, today announced its intention to offer, subject to market and other conditions, $500,000,000 aggregate principal amount of convertible senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, reported financial results for the third quarter ended September 30, 2021. Third Quarter and Recent Financial Highlights Increased total revenue to $51.7 million, a 76% increase from $29.3 million in the second quarter of 2021 and a 6,091% increase year-over-year from... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today announced that the Company has appointed Adam Swick as vice president of strategy. Swick, who is a non-executive officer, will report to CEO Fred Thiel and will be responsible for evaluating opportunities to help grow the Company through business strategy, strategic... Read More
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Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for October 2021. Historical and Potential Hash Rate Growth Based on Current Shipment... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today announced that crypto and blockchain researcher Sam Doctor has joined the Company’s advisory board. Marathon’s advisory board is a non-fiduciary group of experts whose backgrounds span a broad spectrum of industries related to the Company’s operations, including but... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, is scheduled to participate at the following conferences in October 2021: Token 2049 Participating Thursday and Friday, October 7-8, 2021 London, UK Texas Blockchain Summit Participating Friday, October 8, 2021 Austin, TX AIM Summit Dubai Panel Discussion Tuesday, October... Read More
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L Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for September 2021 and announced a new $100 million revolving line of credit (“RLOC”)... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today announced that DMG Blockchain, (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX), a vertically integrated blockchain and cryptocurrency technology company, will become the first North American Bitcoin miner, excluding Marathon, to join Marathon’s mining pool, MaraPool.... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, is scheduled to participate at the following conferences in September 2021: Bitmain’s Digital Mining Energy Conference Presenting Thursday, September 9, 2021 at 2:50 p.m. Eastern time Miami, FL 1 st Annual Needham Crypto Conference Participating Thursday, September 9, 2021... Read More
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Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for August 2021. Historical and Potential Hash Rate Growth Based on Current Shipment... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MA R A ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin mining companies in North America, today announced an expanded collaboration with NYDIG , a leading technology and financial services firm dedicated to Bitcoin, to provide members of Marathon’s Bitcoin mining pool, MaraPool , with seamless access to NYDIG’s comprehensive and institutional-grade services for... Read More
LAS VEGAS, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, reported financial results for the second quarter ended June 30, 2021. Second Quarter and Recent Financial Highlights Increased total revenue to $29.3 million, a 220% increase from $9.2 million in the first quarter of 2021 and a... Read More
Marathon Digital Holdings, Inc. (NASDAQ:MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, has appointed Sarita James and Said Ouissal to its board of directors, effective immediately. As a result, Marathon’s board of directors now consists of seven directors, including five independent directors and two inside directors. “As the Bitcoin ecosystem becomes... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for July 2021. Corporate Highlights as of August 1, 2021 Produced 442.2 new minted bitcoins during July 2021, increasing total bitcoin holdings to approximately 6,225.6 with a fair market... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin mining companies in North America, has entered into a contract with Bitmain to purchase an additional 30,000 Antminer S19j Pro (100 TH/s) miners for $120.7 million. Based on current delivery schedules, Marathon anticipates all 30,000 newly purchased miners to ship from Bitmain between January 2022 and June 2022.... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin mining companies in North America, will be participating in the Mining Disrupt Conference , which is being held in Miami, FL on July 20-21, 2021. The Mining Disrupt Conference aims to bring together the innovators, disruptors, and professionals minting the blockchains. Marathon’s CEO, Fred Thiel, will be... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin mining companies in North America, today announced that leading independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has expressed its support for all upcoming agenda items at Marathon’s 2021 Annual Meeting of shareholders (the “Annual Meeting”), which will be held on Friday, August 6,... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin mining companies in North America, today announced that the Company has appointed Charlie Schumacher as director of corporate communications. He will report to CEO Fred Thiel, while overseeing all communications activities, including investor relations, public relations, and corporate marketing events. Schumacher... Read More
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Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for June 2021. Corporate Highlights as of July 1, 2021 Produced 265.6 new minted bitcoins... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, is set to join the Russell 2000 ® Index at the conclusion of the 2021 Russell indices’ annual reconstitution, effective after the U.S. stock markets open on June 28, 2021. The stock will also be automatically added to the appropriate growth and value indexes. Membership in... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for May 2021. Corporate Highlights as of June 1, 2021 Produced 226.6 new minted bitcoins during May 2021, increasing total bitcoin holdings to approximately 5,518 with a fair market value of... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, announced that the Company’s Bitcoin mining pool, MaraPool, has adopted and implemented Bitcoin Core version 0.21.1. Bitcoin Core version 0.21.1 is the latest update to the Bitcoin client software, which is maintained and updated by a large open-source developer community... Read More
In the news release issued under the same headline earlier today by Marathon Digital Holdings, Inc. (NASDAQ:MARA), please note that in the third paragraph, the figure “$0.453 per kWh” should read “$0.0453 per kWh.” The complete corrected text follows: Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, has entered into a... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, has entered into a binding letter of intent with Compute North to host approximately 73,000 of Marathon’s previously purchased Bitcoin miners as part of a new 300-megawatt data center located in Texas. Under the terms of the agreement and based on specified requirements... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, has appointed Georges Antoun and Jay Leupp to its board of directors, effective immediately, as Peter Benz transitions to become the company’s vice president of corporate development and Michael Berg steps down from his position of director to pursue other projects. As a... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, reported financial results for the first quarter ended March 31, 2021. First Quarter and Recent Financial Highlights Total revenues increased to $9.2 million from $592,000 in the first quarter of 2020 Primarily due to a $132 million unrealized gain from the change in value... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, has successfully directed all of its hashrate to the Marathon OFAC Pool, Marathon’s recently launched mining pool , thereby becoming the first North American enterprise Bitcoin miner to produce Bitcoin in a manner that adheres to anti-money laundering (AML) and the U.S.... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for April 2021. Corporate Highlights as of May 1, 2021 Produced 162.1 new minted bitcoins during April 2021, increasing total bitcoin holdings to approximately 5,292 with a fair market value... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, will be participating in Forbes’ upcoming webinar “ How to Profit from Bitcoin and Other Crypto Assets Without Owning Them ” on Thursday, April 29 th at 2:00 p.m. Eastern time. Date: Thursday, April 29, 2021 Time: 2:00 p.m. Eastern time Registration Link: here The purpose... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today announced that its board of directors has appointed Fred Thiel as its new chief executive officer, effective today. Thiel will succeed Merrick Okamoto, who has served as the Company’s chief executive officer since 2018, and who will serve as executive chairman of the... Read More
LAS VEGAS, April 21, 2021 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, will be participating in the H.C. Wainwright Cryptocurrency, Blockchain & FinTech Conference , which is being held virtually on Tuesday, April 27, 2021. Marathon’s chairman and CEO, Merrick Okamoto, will be participating in the... Read More
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Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for the first quarter, ended March 31, 2021. Preliminary First Quarter 2021 Highlights... Read More
In a release issued under the same headline earlier today by Marathon Digital Holdings, Inc. (NASDAQ:MARA), please note that in the fifth paragraph of the release, the date of 100% hashrate direction should be May 1, 2021, not May 1, 2020, and the pool will begin accepting other U.S.-based Bitcoin mining companies on June 1, 2021 and not June 1, 2020 as previously stated. The corrected release follows: Marathon Digital... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) (“Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today announced that the Company will be launching the first Bitcoin mining pool based in North America that is fully compliant with U.S. regulations, including anti-money laundering (AML) and the Office of Foreign Asset Control’s (OFAC’s) standards. “The geopolitical value... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, today announced that the Company has named William Beam to the position of Controller. Mr. Beam comes to the Marathon team as a senior-level financial executive with extensive finance, accounting, administration, and development experience in SaaS industries, regulated... Read More
Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , one of the largest enterprise Bitcoin self-mining companies in North America, reported financial results for the fourth quarter and fiscal year ended December 31, 2020. Fourth Quarter 2020 and Recent Highlights Purchased 90,000 of the industry’s most efficient Bitcoin miners during the fourth quarter, increasing the Company’s mining fleet to... Read More

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