Marathon Digital
Crypto Mining Stocks Extend Declines as Bitcoin, Ether Prices Fall
However, DA Davison sees mining stocks as a better buying opportunity than bitcoin itself.
Marathon Digital’s Bitcoin Production Fell in November as Maintenance Work Cut Capacity; Stock Sags
The mining firm produced 196 bitcoins, just under half the number of the previous month.
Marathon Digital Expands Compute North Hosting Deal to Over 100K Bitcoin Miners
Compute North and Marathon Digital extended their hosting agreement to more than 100,000 bitcoin mining machines across the U.S. The units will be powered mainly through wind and solar energy and make Marathon’s mining operations about 77% carbon neutral.
Marathon Digital Expands Compute North Hosting Deal to Over 100K Bitcoin Miners
The agreement will help Marathon’s operations become 77% carbon neutral.
Marathon Digital Sell-Off a Buying Opportunity, DA Davidson Analyst Says
The decline of the bitcoin miner’s shares because of the SEC’s subpoena and convertible debt offering is “overdone,” according to the firm.
Marathon Receives SEC Subpoena Related to 2020 Hardin Data Center Agreement; Shares Tumble
The bitcoin miner’s shares plummeted 27% on Monday, significantly underperforming other crypto miners.
Marathon Digital to Raise $500M in Convertible Notes
The bitcoin miner will use the proceeds to buy bitcoin and bitcoin miners.
Marathon Digital Beats Q3 Earnings Estimate, but Misses on Revenue
The company mined 1,252 bitcoin in the third quarter, a 91% increase from the previous quarter.
Marathon Digital Holds $457M in Bitcoin After Increase in October Mining
The bitcoin mining company’s production rose 23% over the previous month.
Bitcoin Mining Profits Remain at ‘Near Highs’ as Crypto Miners Rally
Crypto mining stocks are surging as bitcoin mining hashrate falls, helping to keep profit margins elevated.
