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MARA Holdings Inc - MARA STOCK NEWS

Welcome to our dedicated page for MARA Holdings news (Ticker: MARA), a resource for investors and traders seeking the latest updates and insights on MARA Holdings stock.

Marathon Digital Holdings, Inc. (NASDAQ: MARA) is a leading company dedicated to securing and supporting the development of the Bitcoin ecosystem. By building one of the largest, most agile, and most sustainable bitcoin mining operations in the world, Marathon Digital aims to make Bitcoin more secure and widely adopted. The company primarily focuses on mining digital assets and operates within the Digital Currency Blockchain segment. Marathon Digital owns numerous cryptocurrency mining machines and a data center, all located in the United States.

With a professional and innovative approach, Marathon Digital Holdings is positioned as a significant player in the cryptocurrency sector. The company's strategic operations ensure the security of the blockchain and contribute to the broader adoption of Bitcoin. Marathon Digital's proactive participation in industry events highlights its commitment to staying at the forefront of the digital currency mining space.

Recent achievements include securing partnerships and expanding their mining operations. The company has been actively participating in various influential conferences such as the Bitcoin Policy Summit on April 9, 2024, in Washington D.C., the Blockchain Life 2024 on April 15-16, 2024, in Dubai, UAE, the AmCham Business Summit on April 24-25, 2024, in Nairobi, Kenya, and the AIM Summit London on April 29-30, 2024, in London, UK. These events spotlight Marathon Digital's influence and thought leadership in the industry.

News

Marathon Digital Holdings Enters Definitive Agreement To Acquire Multiple Bitcoin Mining Sites for $179 Million

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Marathon Digital Holdings, Inc. (NASDAQ:MARA) has entered into a definitive purchase agreement to acquire two currently operational Bitcoin mining sites, totaling 390 megawatts of capacity, from subsidiaries of Generate Capital, PBC for a total of $178.6 million. This transaction marks the Company's official transition from an asset-light organization to one that manages a diversified and resilient portfolio of Bitcoin mining operations, increasing its Bitcoin mining portfolio by 56% to 910 megawatts of capacity. The acquisition provides immediate expansion opportunities, operational efficiencies, and the potential to double its current operational hash rate to approximately 50 exahashes over the next 18-24 months.
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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for November 2023

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Marathon Digital Holdings, Inc. (NASDAQ:MARA) increased its domestic hash rate to 23.7 EH/s, producing 1,187 BTC in November 2023 and 10,999 BTC year-to-date. The combined unrestricted cash and Bitcoin was $802.3 million as of November 30, 2023.
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Marathon Digital Holdings Reports Third Quarter 2023 Results

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Marathon Digital Holdings, Inc. (NASDAQ: MARA) reported a significant increase in net income, reaching $64.1 million, and a 467% increase in bitcoin production, leading to $97.8 million in revenues for the quarter ended September 30, 2023. The company also announced an 8% quarter-over-quarter growth in energized hash rate and a reduction in long-term debt by 56% through a $417 million note exchange.
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Marathon Digital Holdings Continues International Expansion with 100% Renewably Powered Bitcoin Mining Project in Paraguay

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Marathon Digital Holdings, Inc. (NASDAQ:MARA) has launched a 27 megawatt Bitcoin mining project in Paraguay powered by renewable hydro energy, with the first phase expected to be energized in November and the second phase in 2024.
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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for October 2023

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Marathon Digital Holdings, Inc. (NASDAQ:MARA) published its unaudited bitcoin production and miner installation updates for October 2023. The company produced 1,202 BTC in October and a total of 9,812 BTC year-to-date. The Garden City facility in Texas is expected to be fully operational by the end of November, making Marathon the largest publicly traded Bitcoin miner in North America. The company is exploring new methods of mining to diversify operations and reduce energy costs.
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Marathon Digital Holdings Announces Energization of Its First Bitcoin Mining Pilot Project Powered by Renewable, Off-Grid Energy from a Landfill

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Marathon Digital Holdings has partnered with Nodal Power to launch a 280 kW Bitcoin mining pilot project in Utah powered by landfill methane gas. The project aims to validate the capture of methane emissions from landfills and convert it into electricity for Bitcoin mining. Marathon seeks to reduce greenhouse gas emissions and lower energy costs while utilizing a renewable energy source. If successful, Marathon plans to expand its footprint in this area.
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Marathon Digital Holdings Schedules Conference Call for Third Quarter 2023 Financial Results

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Marathon Digital Holdings, Inc. will hold a webcast and conference call on November 8, 2023, to discuss its financial results for the third quarter. Verified shareholders can submit questions ahead of the earnings call.
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Marathon Digital Holdings Adds New, Enterprise-Grade Bitcoin Custodian to Begin Diversifying Its Bitcoin Custody

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Marathon Digital Holdings adds new custodian to diversify its bitcoin treasury
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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for September 2023

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Marathon Digital Holdings, Inc. (NASDAQ:MARA) reported a 20% increase in monthly average operational hash rate and produced 1,242 BTC in September 2023. The company's share of miner rewards reached a record high of 4.3%. Marathon retired convertible debt at a significant discount and increased its unrestricted cash and bitcoin to $471 million. The company plans to focus on increasing efficiency and lowering costs.
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Marathon Digital Holdings Announces Completion of Privately Negotiated Convertible Note Exchanges

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$417M of Convertible Notes Exchanged at 21% Discount, Resulting in $101M Cash Savings for Marathon Digital Holdings (MARA)
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FAQ

What is the current stock price of MARA Holdings (MARA)?

The current stock price of MARA Holdings (MARA) is $13.89 as of February 24, 2025.

What is the market cap of MARA Holdings (MARA)?

The market cap of MARA Holdings (MARA) is approximately 4.1B.

What does Marathon Digital Holdings do?

Marathon Digital Holdings focuses on mining digital assets and securing the Bitcoin blockchain. They own cryptocurrency mining machines and a data center in the United States.

Where is Marathon Digital Holdings' mining operation located?

Marathon Digital Holdings' cryptocurrency mining machines and data center are located in the United States.

What segment does Marathon Digital Holdings operate in?

Marathon Digital Holdings operates in the Digital Currency Blockchain segment.

How is Marathon Digital contributing to Bitcoin's security?

Marathon Digital contributes to Bitcoin's security by building a sustainable and agile bitcoin mining operation, which helps secure the blockchain.

What recent conferences is Marathon Digital Holdings attending?

Marathon Digital Holdings is attending several conferences: Bitcoin Policy Summit (April 9, 2024), Blockchain Life 2024 (April 15-16, 2024), AmCham Business Summit (April 24-25, 2024), and AIM Summit London (April 29-30, 2024).

How is Marathon Digital Holdings impacting the Bitcoin ecosystem?

Marathon Digital Holdings impacts the Bitcoin ecosystem by enhancing its security and supporting its wider adoption through professional mining operations.

What are Marathon Digital Holdings' recent achievements?

Recent achievements include expanding their mining operations and securing strategic partnerships.

Who can benefit from Marathon Digital Holdings' operations?

Anyone invested in or relying on Bitcoin's stability and security can benefit from Marathon Digital Holdings' operations.

What is the significance of Marathon Digital's participation in industry events?

Participation in industry events showcases Marathon Digital's leadership and commitment to staying at the forefront of digital currency mining and blockchain security.

What is the main goal of Marathon Digital Holdings?

The main goal of Marathon Digital Holdings is to secure and support the development of the Bitcoin ecosystem by building a robust and sustainable mining operation.
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MARA Holdings Inc

Nasdaq:MARA

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MARA Stock Data

4.09B
337.75M
0.57%
50.36%
24.12%
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