Marathon Digital


Markets

U.S.-Listed Bitcoin Miners Accounted for 25% of Global Network in December: Jefferies

Mining profitability increased last month as the rally in bitcoin outpaced the increase in the network hashrate, the report said.

(Shutterstock)

Markets

MARA Holdings Lends Out 7,377 BTC to Generate Single Digit Yield

The bitcoin miner holds 44,893 BTC on its balance sheet, it said in a production report.

MARA Holdings to Generate Single Digit Yield on 7,377 BTC (Bradley Keoun/CoinDesk)

Markets

Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says

November was a strong month for the miners as the rally in bitcoin outpaced the rise in the network hashrate, the report said.

Racks of crypto mining machines.

Tech

Bitcoin 'Four Meggers': OrdinalsBot Inscribes Largest-Ever File on the OG Blockchain

Inscriptions project OrdinalsBot minted what it says is the largest ever file on Bitcoin: The last in a collection of 1,500 "Pizza Ninjas."

16:9 OrdinalsBot co-founders (OrdinalsBot)

Finance

Bitcoin Miner Marathon's Anduro Unveils Tokenization Platform, Starts With Whiskey

Anduro has developed the real-world assets (RWA) project Avant alongside tokenization platform Vertalo, and they will tokenize whiskey barrels in a pilot project.

Whiskey (eitamasui/Pixabay)

Finance

Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor's Successful BTC Strategy

Marathon Digital sold bonds to fund bitcoin purchases, following the route Saylor's MicroStrategy has taken to big stock market gains, as mining profits dwindle.

MicroStrategy Executive Chairman Michael Saylor, left, and Marathon Digital CEO Fred Thiel (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says

U.S.-listed mining companies produced a larger share of bitcoin in July than the previous month as they brought on new capacity faster than the network hashrate rose, the report said.

Bitcoin miners (Shutterstock)

Finance

Bitcoin Miner Marathon Digital Plans $250M Private Note Sale to Fund Bitcoin Buying

The notes will pay interest every six months and mature Sept. 1, 2031.

Marathon Digital CEO Fred Thiel interview at Bitcoin conference in Miami (CoinDesk)

Finance

Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates

The miner said its adjusted EBITDA swung to loss, compared to previous year's profit.

Marathon Digital CEO Fred Thiel (CoinDesk)

Videos

Marathon Digital Buys $100M BTC; India's Special Task Force for Crypto-Related Drug Trafficking

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Marathon Digital bought $100 million worth of BTC in the open market and said it will readopt its strategy to hold all mined bitcoin on its balance sheet. Plus, India has seen as many as 92 cases involving the dark net and crypto for drug trafficking in the past four years, and Coinbase's CBPL was fined more than 3.5 million pounds by the Financial Conduct Authority.

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