Marathon Digital


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.

Recent Videos

Finance

Bitcoin Miner Marathon Buys $100M BTC, Will Once Again Adopt 'Full HODL' Strategy

The miner holds over 20,000 bitcoin and plans to buy more in the open market.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finance

Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies

U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.

A photo of four mining rigs

Tech

Marathon's Layer-2 Chain, Anduro, Plugs In 'Portal to Bitcoin' for Atomic Swaps

The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a "platform built on the Bitcoin network that allows for the creation of multiple sidechains."

16:9 Portal, wormhole (jw210913/PIxabay)

Finance

Bitcoin Miner Marathon Digital Signs Deal With Kenya to Invest in Green Energy Projects

The company will help monetize stranded energy in the African country and help manage its renewable energy production.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finance

Bitcoin Miner Marathon In Talks With Kenya to Help With Its Green Energy Ambitions

Kenya's President William Ruto also wants to build a regulatory framework for crypto, with Marathon's help.

Nairobi, Kenya, Africa (Amani Nation/Unsplash)

Finance

Bitcoin Miner Marathon Digital Misses Q1 Revenue Expectation On Operational Challenges

The shares of the miner dipped about 1.5% in after hours trading on Thursday afternoon.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finance

Bitcoin Mining Was More Profitable in February Than January: Jefferies

Publicly traded North American mining companies produced a smaller share of new bitcoin last month, slipping to 17.5% of the total network, the report said.

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)

Finance

Bitcoin Year-End Price Target Raised to $90K at Bernstein

The broker expects a 7% reduction in hashrate post-halving from shutdowns versus 15% earlier, the report said.

Institutional traders are more bullish on bitcoin than alternative cryptocurrencies. (Hans Eiskonen/Unsplash)