On December 5th, Marathon Digital, a Bitcoin mining company, announced its November Bitcoin production and mining operation updates. In November, they produced 1,187 BTC, and this year they have produced a total of 10,999 BTC. As of November 30th, their total unrestricted cash, cash equivalents, and Bitcoin amount to $802.3 million.
As of November 30th, Marathon holds a total of 14,025 BTC and has sold 700 BTC for operational purposes. They plan to sell some BTC for operational and financial purposes in the future.
All Comments