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Marathon Digital Holdings Inc - MARA STOCK NEWS

Welcome to our dedicated news page for Marathon Digital Holdings (Ticker: MARA), a resource for investors and traders seeking the latest updates and insights on Marathon Digital Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Marathon Digital Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Marathon Digital Holdings's position in the market.

Rhea-AI Summary
Marathon Digital Holdings, Inc. appoints Vicki Mealer-Burke to its board of directors. Vicki brings extensive experience from Qualcomm, contributing to its significant growth. Marathon aims to benefit from her leadership and expertise to drive strategic direction and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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management
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Rhea-AI Summary
Marathon Digital Holdings, Inc. (MARA) increases BTC holdings to 17,381 BTC with total cash and BTC of $1.6B as of March 31, 2024. The company faced operational challenges impacting Bitcoin production but managed to increase hash rate by 4% in March. Marathon is focusing on optimizing performance at various sites and plans to expand its mining portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.92%
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Rhea-AI Summary
Marathon Digital Holdings, Inc. completes the acquisition of a Bitcoin mining data center in Texas, increasing its capacity to 1.1 gigawatts. The company aims to reach 35 to 37 exahash this year and 50 exahash next year, with a clear growth strategy in place.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
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Rhea-AI Summary
Marathon Digital Holdings, Inc. (MARA) announces MARA 2PIC700, a next-generation two-phase immersion cooling system designed to revolutionize data center operations. The system offers increased power density, efficiency, and the ability to operate in extreme conditions. It aims to reduce space requirements by up to 75%, enable overclocking of ASIC miners by 60-100%, and lower cooling costs by up to 60%. MARA 2PIC700 is part of Marathon's strategy to vertically integrate its technology stack and diversify operations, catering to industries with high power demands. The system is showcased at the Empower Conference in Houston, TX, and available for pre-order.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.72%
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Rhea-AI Summary
Marathon Digital Holdings, Inc. launches MARAFW and MARA UCB 2100, innovative firmware and control board to enhance Bitcoin mining rig performance. The company aims to improve efficiency, stability, and versatility for miners, offering unique technology to the broader mining community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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Rhea-AI Summary
Marathon Digital Holdings, Inc. (NASDAQ:MARA) acquires Applied Digital 's Bitcoin mining data center in Texas for $87.3 million, increasing its portfolio to 1.1 gigawatts. The acquisition will reduce costs by 20% and expand capacity by 100 megawatts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.98%
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Rhea-AI Summary
Marathon Digital Holdings, Inc. (MARA) reported a 9% increase in energized hash rate to 28.7 EH/s and a rise in BTC holdings to 16,930 BTC, with total cash and BTC of $1.5B as of February 29, 2024. Despite operational challenges affecting bitcoin production, the company remains focused on strengthening its balance sheet and launching new tools and services for the Bitcoin ecosystem.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
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Rhea-AI Summary
Marathon Digital Holdings, Inc. (MARA) reports a stellar performance in 2023, with revenues increasing by 229% to $388 million, net income improving to $261.2 million, adjusted EBITDA reaching $419.9 million, and BTC production soaring by 210% to 12,852. The company's hash rate surged by 253% to 24.7 EH/s, and it diversified its mining portfolio across 11 sites on three continents. Marathon aims to further grow its hash rate to 35-37 exahash in 2024 and 50 exahash by the end of 2025, solidifying its position as a leading Bitcoin miner in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.53%
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Rhea-AI Summary
Marathon Digital Holdings, Inc. introduces Anduro, a new multi-chain layer-two network on Bitcoin to enhance Bitcoin's development and adoption. Anduro aims to provide a platform for creating multiple sidechains, promoting innovation within the Bitcoin ecosystem.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.53%
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Rhea-AI Summary
OrdinalsBot, a technology infrastructure company, minted the full supply of a BRC-20 token in a single Bitcoin transaction via Marathon Digital Holdings' Slipstream service. This historic event showcases innovation in the Bitcoin ecosystem and highlights the potential for dynamic blockchain solutions.
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Marathon Digital Holdings Inc

Nasdaq:MARA

MARA Rankings

MARA Stock Data

4.71B
265.67M
3.59%
40.09%
16.93%
Payroll Services
Professional, Scientific, and Technical Services
Link
US
Las Vegas

About MARA

Marathon Digital Holdings is focused on securing and supporting the development of the Bitcoin ecosystem by building one of the largest, most agile, and most sustainable bitcoin mining operations in the world. We’re here to help make Bitcoin more secure and more widely adopted by bringing a professional and innovative approach to securing the blockchain.