Marathon Digital


Finance

Marathon Digital Beats Q3 Earnings Estimate, but Misses on Revenue

The company mined 1,252 bitcoin in the third quarter, a 91% increase from the previous quarter.

Marathon Digital to Buy $121M of Mining Machines

Finance

Marathon Digital Holds $457M in Bitcoin After Increase in October Mining

The bitcoin mining company’s production rose 23% over the previous month.

Máquinas de minería de bitcoin (Shutterstock)

Finance

Bitcoin Mining Profits Remain at ‘Near Highs’ as Crypto Miners Rally

Crypto mining stocks are surging as bitcoin mining hashrate falls, helping to keep profit margins elevated.

Hut 8 plant

Finance

Hive Leads Crypto Mining Stocks Higher as Bitcoin Hits All-Time High

Shares of crypto miners continue to rally as bitcoin moves further into record territory.

A technician monitors cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec.

Finance

Crypto Miners Are ‘Literally Printing Money,’ Says Wall Street Firm DA Davidson

The broker started research coverage of “top four” bitcoin mining stocks with a positive view on the industry for the near term.

Hut 8 plant

Markets

Crypto Miners Hoarding Bitcoins as Price Surges Above $55K

Riot Blockchain, Marathon Digital and Hut 8 have all been “hodling” the bitcoin they’ve mined in September.

Inside Bitmain Technologies Ltd.'s Bitcoin Mine

Finance

Crypto Miners Marathon Digital, Hut 8 Rally as Bitcoin Tops $50K

The Bitcoin blockchain’s hashrate has increased, and so has mining difficulty, but investors are betting the largest cryptocurrency’s recent price gains might translate to profit growth.

An Antminer bitcoin mining machine pictured in 2018. (Carlos Becerra/Bloomberg via Getty Images)

Finance

Marathon Digital Secures $100M Revolving Line of Credit With Silvergate Bank

The bitcoin mining firm said the loan will be used for operations and to acquire new mining equipment.

Máquinas de minería de bitcoin (Shutterstock)

Finance

Crypto Miners Riot Blockchain, Marathon Digital Slide on China Crypto Ban

China’s central bank said bitcoin, ether and tether are not legal tender and cannot be used in the currency market.

(CoinDesk archives)

Markets

BlackRock Has Almost $400M Invested in Bitcoin Mining Stocks: Report

SEC filings dated June 30 show BlackRock with stakes in Marathon Digital Holdings and Riot Blockchain.

(BlackRock)