Marathon Digital Holdings (MARA) reported a significant first-quarter net loss of $533.4 million, primarily driven by a markdown in its digital asset holdings. Despite this setback, the company’s […]
Compass Point Downgrades Marathon Digital Stock Rating: Analyst Cuts Price Target
Investment bank Compass Point has issued a bearish rating on Bitcoin mining company Marathon Digital (NASDAQ: MARA), reducing its stock recommendation from ‘neutral’ to ‘sell’. The target price […]
Marathon Digital Mined Record 829 BTC in March, Driven by Efficiency Gains
Marathon Digital Mining Co. saw a significant increase in Bitcoin mining output in March, producing 829 BTC – a 17% jump from February. The company credits this to […]
Marathon Digital Looks to Boost Bitcoin Holdings with Share Sale
Several publicly traded companies are looking to increase their Bitcoin holdings amid market volatility. In a recent filing with the U.S. Securities and Exchange Commission (SEC), Marathon Digital […]
Marathon Digital Raises $2 Billion Through Stock Sale, Focusing on Cryptocurrency Investments
Marathon Digital Holdings recently announced a stock sale worth $2 billion, aiming to significantly boost its cryptocurrency holdings. This move follows their successful previous offering of $1.4 billion, […]
Marathon Digital To Raise $2B through Stock Offering, Bolstering Bitcoin Holdings
Marathon Digital Holdings, a prominent player in the Bitcoin mining industry, has announced its intention to sell up to $2 billion worth of stock. This move seeks to […]