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Marathon Digital Holdings, Inc. - MARA STOCK NEWS

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

Marathon Digital Holdings, Inc. (NASDAQ: MARA) is a leading company dedicated to 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, Marathon Digital aims to make Bitcoin more secure and widely adopted. The company primarily focuses on mining digital assets and operates within the Digital Currency Blockchain segment. Marathon Digital owns numerous cryptocurrency mining machines and a data center, all located in the United States.

With a professional and innovative approach, Marathon Digital Holdings is positioned as a significant player in the cryptocurrency sector. The company's strategic operations ensure the security of the blockchain and contribute to the broader adoption of Bitcoin. Marathon Digital's proactive participation in industry events highlights its commitment to staying at the forefront of the digital currency mining space.

Recent achievements include securing partnerships and expanding their mining operations. The company has been actively participating in various influential conferences such as the Bitcoin Policy Summit on April 9, 2024, in Washington D.C., the Blockchain Life 2024 on April 15-16, 2024, in Dubai, UAE, the AmCham Business Summit on April 24-25, 2024, in Nairobi, Kenya, and the AIM Summit London on April 29-30, 2024, in London, UK. These events spotlight Marathon Digital's influence and thought leadership in the industry.

News

Marathon Digital Holdings Schedules Conference Call for First Quarter 2024 Financial Results

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Marathon Digital Holdings, a prominent Bitcoin miner, will host a conference call to discuss its first-quarter 2024 financial results. The call is scheduled for May 9, 2024, at 5:00 p.m. ET. Investors can access the webcast and submit questions in advance.
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Marathon Digital Holdings Appoints Manoj Narender Madnani as Managing Director for EMEA Expansion

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Marathon Digital Holdings appoints Manoj Narender Madnani as Managing Director for EMEA expansion. Manoj brings extensive experience in international business development and global joint ventures. Marathon aims to leverage his expertise to drive international growth in key sectors like energy and AI technology.
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Marathon Digital Holdings Appoints Vicki Mealer-Burke to Its Board of Directors

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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.
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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for March 2024

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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.
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Marathon Digital Holdings Announces the Closing of its Acquisition of a 200-Megawatt Bitcoin Mining Data Center Adjacent to a Wind Farm

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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.
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Marathon Digital Holdings Unveils Two-Phase Immersion Cooling System To Optimize Data Center Operations

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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.
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Marathon Digital Holdings Releases Industry-Leading Bitcoin Mining Firmware and Control Board

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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.
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Marathon Digital Holdings Enters Definitive Agreement To Acquire 200-Megawatt Bitcoin Mining Data Center Adjacent to a Wind Farm

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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.
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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for February 2024

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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.
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Marathon Digital Holdings Reports Fourth Quarter and Fiscal Year 2023 Results

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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.
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FAQ

What does Marathon Digital Holdings do?

Marathon Digital Holdings focuses on mining digital assets and securing the Bitcoin blockchain. They own cryptocurrency mining machines and a data center in the United States.

Where is Marathon Digital Holdings' mining operation located?

Marathon Digital Holdings' cryptocurrency mining machines and data center are located in the United States.

What segment does Marathon Digital Holdings operate in?

Marathon Digital Holdings operates in the Digital Currency Blockchain segment.

How is Marathon Digital contributing to Bitcoin's security?

Marathon Digital contributes to Bitcoin's security by building a sustainable and agile bitcoin mining operation, which helps secure the blockchain.

What recent conferences is Marathon Digital Holdings attending?

Marathon Digital Holdings is attending several conferences: Bitcoin Policy Summit (April 9, 2024), Blockchain Life 2024 (April 15-16, 2024), AmCham Business Summit (April 24-25, 2024), and AIM Summit London (April 29-30, 2024).

How is Marathon Digital Holdings impacting the Bitcoin ecosystem?

Marathon Digital Holdings impacts the Bitcoin ecosystem by enhancing its security and supporting its wider adoption through professional mining operations.

What are Marathon Digital Holdings' recent achievements?

Recent achievements include expanding their mining operations and securing strategic partnerships.

Who can benefit from Marathon Digital Holdings' operations?

Anyone invested in or relying on Bitcoin's stability and security can benefit from Marathon Digital Holdings' operations.

What is the significance of Marathon Digital's participation in industry events?

Participation in industry events showcases Marathon Digital's leadership and commitment to staying at the forefront of digital currency mining and blockchain security.

What is the main goal of Marathon Digital Holdings?

The main goal of Marathon Digital Holdings is to secure and support the development of the Bitcoin ecosystem by building a robust and sustainable mining operation.

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Marathon Digital Holdings, Inc.

Nasdaq:MARA

MARA Rankings

#1134 Ranked by Market Cap
N/A Ranked by Dividends

MARA Stock Data

6.06B
282.79M
3.84%
40.79%
23.72%
Payroll Services
Professional, Scientific, and Technical Services
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United States of America
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