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Marathon Digital Continues to Hodl All Bitcoin, but Hints at Strategy Change
8.7.2022
Marathon bought $150 million of bitcoin with a NYDIG fund in January of 2021
Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners' revenue
6.7.2022
The rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy
75% of Marathon's mining fleet still offline two weeks after huge storm
29.6.2022
Marathon’s CEO Fred Thiel said that it will take time to get the facility back to full strength, but that the company could decide to speed up its move out of Hardin
Bitcoin Miner Marathon Digital’s Montana Operations Go Offline After Storm
28.6.2022
The miner had about 30,000 miners in the Montana facility, representing over 75% of the company’s active fleet
Marathon Digital Cut to Neutral at B. Riley on Bitcoin Price Declines
23.6.2022
Riot Blockchain is the best-positioned miner amidst the current market volatility, B. Riley said in a new report
Marathon Digital keeps on mining despite BTC price slump
20.6.2022
Earlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1, 2022, the firm held approximately 9,941 BTC
Marathon Digital Bitcoin Production Weaker Than Hoped in May
9.6.2022
Marathon experienced some operational headwinds during May which hurt Bitcoin production
Not bothered: Miners ‘not impacted by volatility’ in Bitcoin market
12.5.2022
In the face of extreme fear in the Bitcoin market, miners are unfazed and may even welcome a downturn as it opens up the opportunity to gain more hash power
Marathon Digital May Start to Sell Some of Its Bitcoins
5.5.2022
The miner said any sale would not be imminent, but that it might need about a half-billion dollars in investments to reach its growth objectives this year
Marathon Digital Beats Q1 Sales, EBITDA Estimates
4.5.2022
The miner also reported an impairment charge of $19.6 million related to its self-mined bitcoin
Marathon Digital ‘Cautiously Optimistic’ About Meeting Early-2023 Hashrate Guidance as Delays Continue
4.5.2022
Marathon mined 299 bitcoins in April, a near 31% dip from the previous month, citing weather and maintenance issues
Marathon Digital moves Montana BTC mine to pursue carbon neutrality
6.4.2022
The Bitcoin miner’s push to make its facilities run on clean energy reflects a push in the industry for all mining operations to do the same, or to at least use flexible facilities
Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals
5.4.2022
The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq. Primeblock Reveals SPAC...
DCG Mining Subsidiary Foundry Joins Texas Blockchain Council to Help Shape Crypto Public Policy
29.3.2022
On Tuesday, Digital Currency Group’s (DCG) mining subsidiary, Foundry Digital, announced the company has joined the Texas Blockchain Council (TBC), a nonprofit industry association in the state of Texas. Foundry detailed the newly formed alliance is aimed at Foundry’s efforts...
Marathon Digital’s Q4 Revenue Rises 17% From Q3, but Misses Estimates Slightly
1.3.2022
Mined bitcoin in Q4 fell about 12% from the previous quarter, but rose more than 600% year-over-year
US Bitcoin miners expanding operations despite price volatility
25.2.2022
Some BTC miners in the U.S. expect to double their capacity through 2022 while other global operations have been selling BTC to secure cash reserves
Bitcoin miners selling stock and BTC as returns halve since November
17.2.2022
Miners are starting to get strapped for cash and need a boost since BTC has dropped in price since November and revenue has fallen even further due to increased competition
Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables
3.12.2021
Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has announced a new deal with Compute North, a data center service provider, to host more than 100,000 mining machines in its data centers. The deal is an expansion of an earlier deal that secured positioning for 73,000 mining...
Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’
30.11.2021
Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business...
Crypto mining stocks dip as SEC issues subpoena for Marathon Digital mining facility
15.11.2021
Share prices of Marathon Digital stock dropped, as did those from major crypto mining firms including Riot Blockchain, Bitfarms, Bit Digital, and Hut 8