Marathon Digital

Marathon Digital

Finance

Crypto Mining Hosting Firm Applied Blockchain Stock Surges After 200MW Deal

A hosting deal with Marathon Digital should ease investor’s funding concerns, said a DA Davidson analyst.

A bitcoin mining farm (Getty Images)

Finance

Bitcoin Miner Marathon Digital Signs Multiple Hosting Deals to Reach Its Hashrate View

The company secured about 254 megawatts worth of new hosting contracts.

Fred Thiel, CEO of Marathon Digital Holdings (Fred Thiel)

Finance

Crypto Mining Stocks Bounce Amid Bitcoin Recovery

Investors are likely feeling comfortable as the price of the largest cryptocurrency has stabilized over the past few days.

Crypto mining stocks have lost roughly half of their value in the past month. (Sandali Handagama for CoinDesk)

Finance

Marathon Digital Continues to Hodl All Bitcoin but Hints at Strategy Change

Dealing with a number of operational challenges, the company mined 707 bitcoin during the second quarter down sharply from the previous three months.

MARA Holdings CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)

Finance

Good Time to Buy Crypto Mining Stocks, Says DA Davidson as It Slashes Hashrate Forecasts

There's now major upside to crypto mining stocks, even with significantly lowered earnings and hashrate projections.

Crypto mining stocks have lost roughly half of their value in the past month. (Sandali Handagama for CoinDesk)

Finance

Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market

Private and publicly listed crypto miners owe up to $4 billion in debt used to finance the construction of gargantuan facilities across North America, according to industry participants and data compiled by CoinDesk.

A man holds open an empty leather wallet. (Andrew Khoroshavin/Pixabay)

Finance

Bitcoin Miner Marathon Digital’s Montana Operations Go Offline After Storm

The miner had about 30,000 miners in the facility, representing over 75% of the company’s active fleet.

MARA Holdings CEO Fred Thiel (CoinDesk "First Mover" screenshot)

Finance

Marathon Digital Cut to Neutral at B. Riley on Bitcoin Price Declines

Riot Blockchain is the best-positioned miner amidst the current market volatility, B. Riley said in a new report.

MARA Holdings CEO Fred Thiel (CoinDesk "First Mover" screenshot)

Marchés

Michael Saylor's MicroStrategy Leads Plunge in Crypto-Related Stocks

Bitcoin has tumbled below $24,000 for the first time in 18 months, and ether dropped to a 15-month low.

Mercado bajista —bear market, en inglés— de cripto. (Olen Gandy, Unsplash)

Finance

Marathon Digital Bitcoin Production Weaker Than Hoped in May

The company continues to "HODL" all of its mined bitcoin, with 9,941 coins worth $315.1 million on its balance sheet as of June 1.

Marathon Digital CEO Fred Thiel (CoinDesk)