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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 Introduces Anduro, a New Multi-Chain Bitcoin Layer-Two Network

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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.
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OrdinalsBot Mints Full BRC-20 Token Supply in a Single Bitcoin Transaction with Marathon Digital Holdings

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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 Launches Slipstream

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Marathon Digital Holdings, Inc. (NASDAQ:MARA) launches Slipstream, a direct Bitcoin transaction submission service to streamline confirmations for large or non-standard transactions. Marathon is the first publicly traded Bitcoin mining company to offer this service, leveraging its proprietary technology stack.
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Marathon Digital Holdings Schedules Conference Call for Fourth Quarter and Fiscal Year 2023 Financial Results

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Marathon Digital Holdings, Inc. (MARA) will host a webcast and conference call on February 28, 2024, to discuss its financial results for Q4 and fiscal year 2023. Verified shareholders can submit questions. Investors should be aware of the risks involved.
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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for January 2024

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Marathon Digital Holdings, Inc. (NASDAQ:MARA) published unaudited bitcoin production and miner installation updates for January 2024. The company increased its energized hash rate by 7% to 26.4 exahash and had BTC holdings of 15,741 with a total cash and BTC of $1.0B as of January 31, 2024. The financial highlights show a significant increase in total cash, cash equivalents, and restricted cash, as well as a 38% increase in total BTC holdings compared to the previous year.
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Marathon Digital Holdings To Assume Full Operational Control of Its Recently Acquired Bitcoin Mining Sites

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Marathon Digital Holdings, Inc. (MARA) has entered into an agreement to remove Hut8 as the operator of two Bitcoin mining sites recently acquired by Marathon in Granbury, Texas and Kearney, Nebraska. Marathon intends to replace Hut8 as the operator of these sites by April 30, 2024. By removing Hut8 as the third-party operator and assuming direct operational control of both sites, Marathon expects to reduce its operating fees, improve its cost to produce bitcoin, participate in energy hedging and other energy management services, and streamline the implementation of its proprietary technology to improve operational efficiency.
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Marathon Digital Holdings Announces the Closing of its Acquisition of Bitcoin Mining Sites

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Marathon Digital Holdings, Inc. (NASDAQ:MARA) has completed the acquisition of two operational Bitcoin mining sites, totaling 390 megawatts of operational capacity, from Generate Capital. This adds to Marathon's mining portfolio, which now consists of approximately 910 megawatts of capacity, with plans to scale operations to 50 exahashes of capacity in the next 18-24 months. The acquisition is expected to reduce bitcoin production costs and improve operational efficiencies, showcasing Marathon's ability to act opportunistically and decisively, supported by a strong balance sheet. Generate Capital's Principal, David Hirsch, expressed excitement for Marathon to take over stewardship of the data centers, highlighting their efficiency and potential for stakeholders.
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Marathon Digital Holdings To Participate in the 26th Annual Needham Growth Conference on January 18, 2024

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Marathon Digital Holdings, Inc. (NASDAQ:MARA) announced that its Chief Financial Officer will participate in the Needham Growth Conference on January 18. The fireside chat is scheduled to begin at 3:45 pm Eastern time. Investors can listen to the live webcast and access the replay on the Company’s Investor Relations page at ir.mara.com.
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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for December 2023

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Marathon Digital Holdings, Inc. (NASDAQ:MARA) reported a record BTC production of 1,853 BTC in December and 12,852 BTC in 2023. The average operational hash rate increased by 18% M/M to 22.4 EH/s. The company holds over 15,000 BTC and has a total cash & BTC of $1.0B as of December 31, 2023.
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Marathon Digital Holdings Adds Anchorage Digital Bank as a Bitcoin Custodian

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Marathon Digital Holdings, Inc. (NASDAQ:MARA) has added Anchorage Digital Bank National Association as a bitcoin custodian, increasing its custodians from two to three, with 14,025 bitcoin on its balance sheet as of November 30, 2023. The addition demonstrates Marathon's commitment to securely managing and diversifying its bitcoin holdings.
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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
LAS VEGAS