2 / 2 Relevant items tagged with #Mara

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World’s largest Bitcoin miner increased BTC holdings by $124M in July

[Aug 6 1:57 PM] Marathon Digital holds over $1.1 billion worth of Bitcoin after the company decided to go full “HODL.”

Crypto-Related Stocks Slide Amid Global Market Turmoil

[Aug 5 3:45 PM] U.S. equities have joined the global downturn, following sharp declines across Asia and Europe, with Japan’s Nikkei suffering significant losses. By 11:15 a.m. EDT on Monday, the five major U.S. stock indices had fallen between 2.5% and…

MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase

[Aug 2 4:05 PM] MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net loss of $199.7 million, driven by a $148 million fair…

Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates

[Aug 1 9:13 PM] The miner said its adjusted EBITDA swung to loss, compared to previous quarter's profit.

This Bitcoin Mining Giant Just Spent $100 Million To Buy BTC

[Jul 27 11:00 AM] Bitcoin mining behemoth, Marathon Digital has made headlines by investing a staggering $100 million in BTC. This substantial investment comes despite BTC’s previous price drops, underscoring the mining giant’s confidence in the long term potential…

MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings

[Jul 25 7:35 AM] Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy…

Bitcoin Miner Marathon Buys $100M BTC, Will Once Again Adopt 'Full HODL' Strategy

[Jul 25 6:57 AM] The miner holds over 20,000 bitcoin and plans to buy more in the open market.

MARA Purchases $100 Million of Bitcoin, Adopts HODL Strategy

[Jul 25 6:05 AM] MARA (NASDAQ: MARA), a leader in leveraging digital asset compute for energy transformation, has purchased $100 million worth of Bitcoin, bringing its total holdings to over 20,000 BTC, according to a press release sent to Bitcoin Magazine.The…

Marathon site manager ducks Texas noise charges amid resident complaints

[Jul 10 10:08 PM] David Fischer, manager of a Texas site for Marathon Digital, was acquitted on charges alleging the site violated local noise ordinances.

World's largest Bitcoin miner didn’t sell any BTC in June

[Jul 3 6:55 AM] Marathon Digital said it aims to further strengthen its Bitcoin holdings through open-market acquisitions but may also sell to support operations in the future.

Bitcoin Miner Marathon Mined $15M Worth Kaspa Tokens to Diversify Revenue

[Jun 26 2:05 PM] The miner has mined 93 million worth of KAS tokens since Sept. 2023.

Marathon’s BTC mining is heating an entire town in Finland

[Jun 21 3:40 AM] Selling excess heat from Bitcoin mining could be another financial lifeline for miners after the 2024 Bitcoin halving.

Bitcoin Miner Marathon In Talks With Kenya to Help With Its Green Energy Ambitions

[May 13 8:55 AM] Kenya's President William Ruto also wants to build a regulatory framework for crypto, with Marathon's help.

Bitcoin Miner Marathon Digital Misses Q1 Revenue Expectation On Operational Challenges

[May 9 2:40 PM] TK

Bitcoin miner Marathon Digital to join S&P SmallCap 600, shares jump 18%

[May 6 6:06 PM] Marathon Digital will officially be added to the index fund on May 8.

Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard

[May 1 7:36 AM] During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase…

Bitcoin Miner Marathon's Shares Outperform Peers Ahead of Possible 'Strong' Earnings Report

[Feb 28 10:36 AM] The miner is expected to report a "strong acceleration in Q/Q revenue growth" due to a rally in bitcoin prices, said a Jefferies analyst.

Bitcoin Miner Marathon to Start 'Slipstream' to Make Complex BTC Transactions Faster

[Feb 22 1:47 PM] The new offering will expedite the process of large and non-standard transactions.

Bitcoin miner Marathon mines invalid block in failed ‘experiment’

[Sep 27, 2023 5:52 PM] Marathon said the bug emanated from its experimental mining pool used to research ways to optimize operations.

Report: Pan-African Crypto Exchange Mara Lays Off Majority of Employees

[Jun 9, 2023 2:30 AM] African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former employees…