Marathon Digital Repaid Term Loan and Terminated Credit Facilities With Silvergate Bank
This move has resulted in a significant reduction of Marathon's debt, which now stands at $50 million less than before.
Marathon Digital Sold 650 Bitcoins Out of 683 Mined Bitcoins in February
Marathon announced that it had increased its computing power to 14 exahash per second (EH/s) by the end of February, up from 11 EH/s the previous month.
Bitcoin Miner Marathon Digital Sold Almost All Bitcoins Mined in February
Marathon Digital (MARA), one of the largest publicly traded bitcoin miners, sold 650 bitcoins out of 683 bitcoins it mined in February.
Marathon Digital Bungles Crypto Impairment Sums, Will Reissue Financials
Bitcoin (BTC) miner Marathon Digitial will reissue a number of previous financial statements after the Securities and Exchange Commission (SEC) pointed out some accounting errors the firm made.
Bitcoin Miner Marathon Digital to Restate Some Results on Accounting Issues
Marathon Digital (MARA) said it will need to restate portions of its audited 2021 results and currently unaudited quarterly reports from 2022 after an inquiry from the U.S. Securities and Exchange Commission (SEC) flagged technical accounting matters.
Major Crypto-Related Stocks Rise; Silvergate Leading With 25%
In the past 24 hours, and crypto bank Silvergate Capital (SL) recorded the highest spike with over 25% to reach $21.83 at the time of writing.
Bitcoin Miner Marathon Digital Sold 2x More BTC Than Minted in January
As the BTC price soared all the way to $23,000 and beyond, Bitcoin mining giant Marathon digital continued to sell its BTC holdings in order to fund its operational costs. As per reports, Marathon sold a total of 1500 BTC last month.
Marathon Digital Sells Mined Bitcoin for First Time to Monetize Recent Rally
Marathon Digital (MARA), one of the largest publicly traded bitcoin miners, sold 1,500 bitcoin in January - first time ever - to monetize the recent rally in the crypto market.
Marathon Forms Abu Dhabi Bitcoin Mining JV; Initial Project of 250MW
Crypto miner Marathon Digital is forming a joint venture with FS Innovation in Abu Dhabi to create and operate mining facilities.
Crypto Miners Log Double-digit Stock Price Gains After CPI Report
A number of crypto stocks booked massive — and elusive of late — gains in Thursday’s trading session, with crypto miners Hive Blockchain and Marathon Digital among those that skyrocketed amid signs of slowing inflation and a subsequent boost for bitcoin. The share price gains across the sector followed Thursday’s US Consumer Price Index (CPI) report, which showed that core inflation rose 5.7% in December from a year earlier, marking another indicator of slowing or reversing inflation. November inflation’s metric had risen 6% year-over-year. In the hours after the report, crypto companies notched big stock price boosts. The pops in individual digital asset-related equities mirrored a rise in token prices, as bitcoin and ether were up 8% and 6.4% in the past 24 hours, respectively, through Thursday’s close in New York. (Blockworks)
