Marathon Digital

There are a total of 26 articles associated with Marathon Digital.

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

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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”

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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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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PayPal brought aboard specialists to establish a crypto advisory council

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

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

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Companies expand footprints through acquisitions, partnerships.

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

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

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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.

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