Mara Holdings Closes Acquisition of Texas Wind Farm to Boost Bitcoin Mining Efficiency
The new facility offers 240 megawatts of interconnection capacity and 114 megawatts of wind power, utilizing last-generation ASIC mining hardware.
MARA’s Energized Hash Rate Surged by 15% to 53.2 EH/s in December 2024
Fred Thiel, CEO and Chairman at MARA Holdings, announced that the company had mined 249 Bitcoin blocks in December 2024, thus ending the year with 44,893 BTCs.
MARA Holdings Acquires Additional 11,774 BTCs for About $1.1B, Now Holds 40,435 Bitcoin
MARA Holdings has significantly expanded its Bitcoin portfolio with a $1.1B acquisition, while simultaneously advancing its renewable energy initiatives through a new wind farm investment in Texas.
BlackRock, MARA Accumulate Nearly 10,000 BTC as Bitcoin Price Dips Below $100K
Institutional and corporate players are now paying more attention to Bitcoin.
MARA Holdings Upsizes Note Offering to $850M to Expand Bitcoin Portfolio
The offering involves zero-coupon convertible senior notes set to mature in 2031.
Marathon Digital to Offer 52.9 MARA Shares for $1000 Convertible Notes
Marathon Digital said that it would offer these convertible notes to qualified institutional buyers with an aggregate principal amount of 2.125% with maturity in 2031.
Marathon Digital (MARA) Stock Tanks 7% as Bitcoin Miner’s Revenue Drops in Q2 2024
In Q2 2024, the company’s adjusted EBITDA swung into a loss of $85.1 million from a profit of $35.8 million in the previous year.
Marathon Digital Fined $138 Million for Contract Violation
By
Leon Okwatch
Marathon Digital’s stock experienced a minor drop following the fine but continues to perform strongly.
Bernstein Defends Iris Energy Amid Culper’s Criticism, Shares Drop 13%
Culper Research recently published a report, accusing Iris Energy of insufficient capacity for AI and HPC at its Childress site.
Bitcoin Mining Profitability Rebounds in June after Halving Impact
By
Bena Ilyas
U.S.-listed mining companies increased their share of newly minted Bitcoin from 19.1% to 20.8% in June, due to added mining capacity and a decline in network hashrate, according to Jeffries.
Crypto Stocks Tumble in Premarket as Bitcoin Continues to Slide
By
Leon Okwatch
The decline in Bitcoin followed the movement of a substantial amount of BTC by Mt. Gox, the once-dominant crypto exchange.
Bernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022
By
Bena Ilyas
Bernstein report states that the decline in difficulty is due to the combination of lower Bitcoin prices and a significant increase in mining equipment costs since the last Bitcoin halving in May 2020.
Marathon Digital (MARA) Market Cap Surges on S&P SmallCap 600 Inclusion
While Marathon Digital’s recent developments look promising enough, the company’s future remains undoubtedly tied to the fate of Bitcoin (BTC) and its price.
Bitcoin Miner Marathon Digital to Double Its Mining Capacity in 2024
Marathon Digital said that the company won’t be raising funds to achieve its target of 50 EH/s and that it would be fully self-funded.
Marathon Digital Holdings Announces Slipstream to Expedite Non-Standard Bitcoin Transactions
Slipstream provides a simple and transparent way for users to submit permissible non-standard transactions to Mara Pool.