Marathon Digital
Bitcoin Mining Stocks Decline Over 50%
Bitcoin mining stocks like Riot Blockchain (RIOT) and Marathon Digital (MARA) declined by more than 50% on average as BTC’s price slumped following last year’s bull run. Data suggests bitcoin supply held in miner addresses have mainly been net outflows since April. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Dips Alongside Stocks, NY Crypto Mining Bill Unlikely to Pass in State Senate
"All About Bitcoin's" Week in Review panel discusses the recent bitcoin sell-off driving the price below $36K, comparing it with the current activity in the stock market. Plus, why the New York Senate Environmental Conservation Committee will not be reviewing the proposed two-year moratorium on non-renewable proof-of-work mining, and Q1 earnings reports from crypto mining firms like Argo and Marathon Digital.
Marathon Digital May Start to Sell Some of Its Bitcoin
The miner said any sale wouldn't be imminent, but that it might need about a half-billion dollars in investments to reach its growth objectives this year.
Marathon Digital Beats Q1 Sales, EBITDA Estimates
The miner also reported an impairment charge of $19.6 million related to its self-mined bitcoin.
Marathon Digital ‘Cautiously Optimistic’ About Early 2023 Hashrate Guidance
Publicly traded crypto mining firm Marathon Digital (MARA) has released its Q1 earnings report, stating that the company is “cautiously optimistic” about meeting early 2023 hashrate guidance despite delays. “The Hash” group discusses the firm’s dip in bitcoin production and efforts made to tackle environmental concerns.
Marathon Digital ‘Cautiously Optimistic’ About Meeting Early-2023 Hashrate Guidance as Delays Continue
The firm mined 299 bitcoins in April, a near 31% dip from the previous month, citing weather and maintenance issues.
Marathon Digital Kicks Off Miners’ Earnings Season With Focus on Rig Deployment, Funding
The bitcoin miner will report its first-quarter results on Wednesday, followed by its first-ever earnings conference call.
Battered Bitcoin Miners Increasingly Turn to Debt Financing
Raising debt rather than equity to fund growth is being seen as more attractive, analysts say, but not everyone has the option.
Marathon’s Thiel Says Company Not for Sale, as M&A Chatter Picks Up Among Crypto Miners
CoinDesk spoke to the CEOs of Marathon Digital and Bitfarms at last week’s Bitcoin 2022 Conference.
Riot Blockchain Bitcoin Mined Rises to 511 in March
The company also sold 200 bitcoin during the month, raising $9.4 million.
