Marathon Digital

The crypto miner said certain financial statements published in 2021 and 2022 should not be relied upon

Lake Parime, which hosted bitcoin miner Marathon Digital at a nuclear energy-powered site in Ohio, has been sold to Statar Mining after a “cash crisis”

Buying the dip on company stock was the right move for insiders, but those who sold the local bottom have left millions on the table

Miners Marathon Digital and TeraWulf could look to use more nuclear energy going forward — if the power industry cooperates

Some Bitcoin mining companies might be going bankrupt, but others are hanging onto massive treasuries

Hive Blockchain and Marathon Digital hit daily gains of 37% and 31%, respectively, as markets closed Thursday

Amid bankruptcies, the fate of struggling crypto miners remains in flux, as some are better positioned to weather the crypto storm

A few major plays from prominent crypto bigwigs have pushed the total value of insider stock buys this year far beyond sales

Iris Energy weighs options for survival while Marathon mulls buying assets from bankrupt Compute North

How long can bitcoin mining companies hold on to their coinbase rewards before being forced to sell?

“I don’t see us going and consolidating the industry necessarily,” CEO Fred Thiel says

More miner suffering is likely to be had before more bankruptcies, consolidation, analysts say

Potential transactions would focus on more than scaling, CEO says, as company seeks to fulfill expansion plans

“The equity markets aren’t getting any looser, the debt markets aren’t getting any cheaper,” Fred Thiel told Blockworks

Compute North, which filed for Chapter 11 in late September, has as much as $500 million in outstanding payments to at least 200 creditors

The company posted a quarterly record $127 million impairment on its bitcoin holdings

Traders and fund managers are selecting which bitcoin mining stocks they think will survive the bear market

Hut 8 has no intention of selling its bitcoins, though other miners are offloading the asset to cover operations and fund expansions

PayPal brought aboard specialists to establish a crypto advisory council

The overall bitcoin hashrate hit an all-time high of 208 million terahashes per second on Jan. 1

The stock prices of Marathon Digital and Hut 8 Mining have each increased by about 250% in the last 12 months

Companies expand footprints through acquisitions, partnerships.

Marathon is one of the largest publicly-traded bitcoin miners in the US and has approximately 133,120 miners.

Colorado-based company produced 406 BTC in September, bringing the total it holds to 3,534

With the new purchase, the company’s total miners will increase about 30% to approximately 133,000 bitcoin miners, producing 13.3 EH/s, said Fred Thiel, Marathon Digital’s CEO.