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Marathon Digital Expands Bitcoin Mining Presence with Texas Acquisition


On March 15, Applied Digital announced that it had concluded the sale of its 200-megawatt (MW) Bitcoin mining facility to Marathon Digital Holdings for $87.3 million. The second quarter of 2024 is the expected date of completion of the deal. The post Marathon Digital Expands Bitcoin Mining Presence...

Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site


The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3...

Toonami Is Holding A Dragon Ball Kai Marathon In Tribute To Akira Toriyama


In the wake of Akira Toriyama’s death, thousands of tributes to the legendary creator of the Dragon Ball franchise have been pouring in online. Toonami, the Cartoon Network offshoot now hosted as part of Adult Swim that aired Dragon Ball and its various sequels and spin-offs in its prime, is having...

As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected Declines


Despite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked to companies such as Marathon, Cleanspark, Riot, and various others have diminished in value compared to the U.S. dollar, even as bitcoin celebrates fresh...

Nasdaq-Listed Bitcoin Mining Companies Bounce Back From Recent Downturn


Following a dynamic period of activity in the crypto market on Friday, stocks of publicly traded mining companies have recovered from their recent decline. In the last five days, Marathon Digital Holdings’ stock fell over 15%, yet on Friday, it experienced a 7.71% increase in value against...

Many Bitcoin Miners Struggle to Make Profits: Cantor Fitzgerald


Bitcoin mining is getting less profitable as many publicly traded miners might face potential profitability challenges following the next Bitcoin halving event. According to a recent report by Cantor Fitzgerald, 11 major mining companies, including Marathon Digital (MARA), Riot Platforms (RIOT)...

Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks


Although spot Bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing significant losses when the market closed on Friday. For instance, Marathon Digital Holdings’ shares...

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