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Bitcoin Miner Marathon First quarter defeats the estimation. - 2
SEC Extends Probe resulted in more alertness, increasing the quarterly earnings more than analysis.
Bitcoin Miner Marathon Digital Holdings (MARA) announced that in the first quarter, loss per share was due to a rise in bitcoin price. The increased production and prices bring the company back in profits.
The company also informed that it has received a written writ of court from the U.S. Securities and Exchange Commission (SEC). They are looking into the party-related transactions and also for violation of federal securities law. The company revealed that it is …
Source: https://www.thecoinrepublic.com/2023/05/11/bitcoin-miner-marathon-first-quarter-earnings-beat-estimates/