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MARA acquires $1.5B in Bitcoin to date with convertible notes

[Dec 19 6:06 PM] It’s beginning to look like a race as miners scramble to buy Bitcoin before its price keeps rallying.

JPMorgan raises price targets on Bitcoin mining stocks

[Dec 10 8:36 PM] The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said.

MARA Holdings acquired over $600M Bitcoin in the last two months

[Dec 2 2:08 PM] MARA Holdings urged the US government to be more aggressive in securing positions in Bitcoin and Bitcoin mining.

Bitcoin halving birthday: 12 years of limited supply and milestones

[Nov 28 2:12 PM] Bitcoin celebrates 12 years since its first halving event, with block rewards shrinking to 3.125 BTC and miners adapting to higher difficulty amid rising prices.

MARA purchases 6,474 Bitcoin with convertible notes offering

[Nov 27 9:39 PM] According to Bitcoin-only financial services firm River, 62 publicly traded companies use a Bitcoin treasury strategy as of November 2024.

Crypto miner MARA wants US moving quicker to gobble up Bitcoin

[Nov 27 3:30 AM] MARA Holdings says there will soon be a heated race among nations to gather Bitcoin, and the US needs to step up its game. 

Crypto Biz: MicroStrategy’s Bitcoin bet swells

[Nov 15 9:30 PM] This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway.

Marathon, Riot record highest monthly BTC production since April halving

[Nov 5 12:58 AM] Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October.

Bitcoin mining stocks rocket 24% on macro climate, AI play: Analyst

[Oct 29 1:12 AM] Deficit spending and lower interest rates have boosted global liquidity higher, benefiting Bitcoin and related markets, Blockware’s Mitchell Askew said.

Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham

[Oct 23 12:23 AM] Tesla’s massive Bitcoin transfers initially sparked fears of a market dump, but Arkham's data suggests the assets are still under the firm's control.

Bitcoin Miner Marathon's Anduro Unveils Tokenization Platform, Starts With Whiskey

[Oct 7 9:21 AM] Anduro has developed the RWA project Avant alongside tokenization platform Vertalo.

Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor's Successful BTC Strategy

[Aug 27 4:10 PM] Marathon Digital, the largest publicly traded miner, is buying bitcoin in the open market, despite acquiring the digital assets at a discount via mining.

Bitcoin miner profits drop as halving, power costs weigh — JPMorgan

[Aug 23 7:15 PM] BTC miners are struggling to adapt to a post-halving environment. 

Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC: VanEck

[Aug 18 3:43 AM] Bitcoin miners could increase profitability and improve "bad balance sheets" by allocating some of their energy capacity to the AI and HPC sectors, according to VanEck.

Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says

[Aug 15 9:38 AM] August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report said.

Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC

[Aug 15 1:11 AM] Marathon’s latest 4,144 Bitcoin buy comes as boss Fred Thiel last month said it was adopting a “hodl strategy” for the cryptocurrency.

Cleanspark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal

[Aug 13 4:30 PM] Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s S21 XP immersion-cooled bitcoin mining machines. These types of cutting-edge immersion miners, known for their…

Marathon Digital stamps ‘Made in USA’ on Bitcoin blocks mined

[Aug 13 8:52 AM] The stunt follows former President Donald Trump’s statement that he wants all the remaining Bitcoin to be “Made in USA.”

MARA Announces $250M Private Offering of Convertible Senior Notes to Buy More Bitcoin 

[Aug 12 8:10 PM] Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $250 million in convertible senior notes set to mature in 2031. This move, targeting qualified institutional buyers, aims to generate funds for corporate…

Bitcoin Miner Marathon Digital Plans $250M Private Note Sale to Fund Bitcoin Buying

[Aug 12 12:15 PM] The notes will pay interest every six months and mature Sept. 1, 2031.

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.”

Marathon Digital shares plunge 8% after Q2 revenue miss estimates

[Aug 2 1:50 AM] Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%.

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.

Bitcoin miner Riot Platforms miss estimates with wider Q2 loss

[Aug 1 12:08 AM] Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin.

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…

Bitcoin Mining Giant Marathon Digital Makes Major $100M BTC Acquisition

[Jul 25 6:30 PM] Marathon Digital (MARA), one of the largest Bitcoin (BTC) mining companies, has recently announced a substantial acquisition of $100 million worth of Bitcoin.  This significant purchase, detailed in a recent company statement, has increased…

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.

Marathon Digital Ordered to Pay $138M for Contract Breach

[Jul 23 11:30 PM] A federal court jury in Los Angeles has awarded Michael Ho $138 million after finding crypto mining firm Marathon Digital Holdings Inc. guilty of breaching a Non-Disclosure/Non-Circumvention Agreement. Ho had shared proprietary information about a…

Marathon Digital fined $138M for non-circumvention agreement breach

[Jul 23 2:19 AM] Marathon Digital has been fined $138M for breaching a non-disclosure, non-circumvention agreement with former executive Michael Ho.

Marathon Digital Bitcoin Mine Manager Acquitted of Noise Violations In Texas

[Jul 13 1:30 AM] David Fischer, who serves as a plant manager for a Bitcoin mine owned by Marathon Digital, a public Bitcoin mining company, has been acquitted of having responsibility for several noise complaints brought by citizens living nearby. The operation…