Welcome to our dedicated page for MARA Holdings news (Ticker: MARA), a resource for investors and traders seeking the latest updates and insights on MARA Holdings stock.
MARA Holdings Inc (MARA) operates at the intersection of energy innovation and blockchain technology, specializing in Bitcoin mining through sustainable digital asset compute solutions. This page serves as the definitive source for official company announcements and market-relevant developments.
Investors and industry observers will find curated press releases covering strategic initiatives, operational milestones, and technology advancements. Key focus areas include energy-efficient mining innovations, blockchain security enhancements, and partnerships advancing sustainable computing.
The resource consolidates essential updates on MARA's liquid immersion cooling systems, digital asset management strategies, and energy transformation projects. Content is organized for quick scanning while maintaining technical accuracy for professional audiences.
Bookmark this page for direct access to MARA's verified corporate communications, including earnings disclosures, infrastructure expansions, and technology patent filings. Regular updates ensure stakeholders maintain current awareness of the company's progress in optimizing energy-to-blockchain value conversion.
Marathon Digital Holdings (MARA) announced a remarkable 21% increase in Bitcoin production in March 2023, achieving a record 825 BTC for the month and 2,195 BTC in Q1 2023, marking a 41% increase from the previous quarter. The company's operational hash rate surged 64% to 11.5 EH/s by the end of March. Financially, Marathon reported $124.9 million in unrestricted cash and enhanced its Bitcoin holdings to 11,466 BTC (valued at approximately $326.5 million). The CEO highlighted the company's strategies for operational efficiency and expansion, reflecting optimism for future growth.
Marathon Digital Holdings (NASDAQ: MARA) announced the retirement of its Chief Financial Officer, Hugh Gallagher, effective May 12, 2023. Gallagher expressed pride in the progress made during his tenure, especially amidst challenges in 2022. CEO Fred Thiel acknowledged Gallagher's key role in establishing a finance strategy and building the finance team. The company is now searching for a new CFO to continue reinforcing its position in the Bitcoin mining industry. Marathon aims to become a leading, sustainably powered Bitcoin mining operation in North America, though investors are reminded of inherent risks outlined in their recent annual report.
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