Marathon Digital

According to reports, driven by the price of virtual currency, blockchain concept stocks in the US stock market rose generally, Hut 8 Mining rose by over 6%, Riot Platforms and Mar

According to reports, Bitcoin mining company Marathon Digital claims to produce 825 Bitcoins in March 2023, an increase of 21% compared to the previous month; As of March 31, 2023,

According to reports, Marathon Digital, a Bitcoin mining company, has announced that Gallagher, the company\’s chief financial officer, will resign as chief financial officer around

According to reports, Marathon Digital, a Bitcoin mining company, suffered a net loss of $687 million in 2022. However, Chief Executive Officer Fred Thiel stated that the loss of $

According to reports, the US stock blockchain sector fell, with Coinbase (COIN. O) down 10%, MicroStrategy (MSTR. O) down 9%, Marathon Digital (MARA. O) down nearly 9%, and Riot Bl

According to reports, Marathon Digital, a Bitcoin mining company, released financial reports for the fourth quarter and full year of 2022. As of December 31, 2022, it had a net loss of $686.7 million for the full year of 2022, compared with a net loss of $37.1 million for the full year of 2021. Compared to 2021, Marathon Digital’s fourth quarter impairment charges related to the book value of mining equipment and supplier advances in 2022 were $332.9 million; The book value of digital assets, including impairment and realized and…

According to reports, Marathon Digital, a Bitcoin miner, said that the company could use the $142 million cash deposit of Signature Bank. The company said in a statement that it could manage these funds and pay invoices in the normal course of business. Marathon also confirmed that the company has no direct business relationship with Silicon Valley Bank. Last week, Marathon said that he had repaid the term loan of Silvergate Bank and ended the credit arrangement with the bank. According to the previous news, the US federal banking regulator…

According to reports, Marathon Digital said that it could use the $142 million cash deposit held by Signature Bank, which was closed by state regulators on Sunday. These funds can be used for financial management purposes and all invoices can be paid in the normal course of business. Marathon also holds more than 11000 Bitcoins, which the company believes provides it with financial options beyond the traditional banking system. Interpretation of this information: Marathon Digital, a cryptocurrency mining company, recently made an announcement that it could potentially use the $142…

It is reported that Marathon Digital, a Bitcoin mining company, announced the termination of the credit arrangement with Silvergate, a cryptobank. Marathon said that on March 8, the prepayment of the term loan was completed, and the company’s credit line with Silvergate Bank was terminated. It is reported that the company reduced its debt by $50 million and released Bitcoin worth about $75 million as collateral. Marathon Digital also said that it has been taking measures to support its balance sheet by repaying part of its debts and releasing restricted…

It is reported that Marathon Digital, a Bitcoin miner, canceled the conference call for the fourth quarter’s financial results scheduled to be held in the United States after the close of the market on Tuesday. According to a document submitted on Tuesday, after receiving the notice from the Securities and Exchange Commission (SEC) on “accounting errors”, the mining company postponed the release of the fourth quarter and the full year of 2022. These errors are related to the impairment of digital assets and affect the published results as early as…