Marathon Digital
Mining Profitability Climbed Over 5% in June as Hashrate Fell, BTC Price Rose: Jefferies
The macro and regulatory backdrop has intensified investor interest in the sector and provided a fresh tailwind for mining firms, the report said.
Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral
The bank updated its miner estimates to reflect second-quarter earnings and changes to the network hashrate and the bitcoin price.
MARA Holdings Nears 50K Bitcoin Treasury Milestone
The company in June saw a 25% decrease in blocks won mostly due to weather-related curtailments.
Bitcoin Mining Profitability Increased by Almost 20% in May, Jefferies Says
The rise in profitability was driven by a 20% increase in the bitcoin price, while the hashrate rose only 3.5%, the report said.
MARA Holdings Cut to Sell at Compass Point Ahead of Earnings, Citing Cash Burn
Compass Point slashed Marathon’s price target to $9.50, warning of dilution and premium bitcoin exposure.
Bitcoin Miner MARA Starts Massive $2B Stock Sale Plan to Buy More BTC
The company, which has the second-largest bitcoin stash among publicly-traded companies, could use the funds to finance further BTC acquisitions.
U.S.-Listed Bitcoin Miners Accounted for 25% of Global Network in December: Jefferies
Mining profitability increased last month as the rally in bitcoin outpaced the increase in the network hashrate, the report said.
MARA Holdings Lends Out 7,377 BTC to Generate Single Digit Yield
The bitcoin miner holds 44,893 BTC on its balance sheet, it said in a production report.
Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says
November was a strong month for the miners as the rally in bitcoin outpaced the rise in the network hashrate, the report said.
Bitcoin 'Four Meggers': OrdinalsBot Inscribes Largest-Ever File on the OG Blockchain
Inscriptions project OrdinalsBot minted what it says is the largest ever file on Bitcoin: The last in a collection of 1,500 "Pizza Ninjas."
