Ad Bitcoin (BTC) miner Marathon Digital said its funds held at Signature Bank are safe and available for use despite the closure of the bank. In a March 13 statement, the BTC said $142 million in cas...
Tag: Marathon
Marathon Digital says it has access to funds held at Signature Bank
Marathon Digital said it has access to $142 million in cash deposits held by Signature Bank, which was closed by state regulators on Sunday. The company said in a statement it has access to the...
Marathon terminates credit facilities with Silvergate
In the same week that crypto-friendly Silvergate Bank said it would close operations, bitcoin mining company Marathon Digital paid off its term loan. It terminated its credit facilities with the bank....
Marathon Digital Pays Off Term Loan, Cuts Credit Facilities With Silvergate
Marathon Digital Holdings has announced the repayment of its term loan and the termination of its credit facilities with Silvergate Bank, resulting in a $50 million reduction of debt, according to a s...
Marathon Ends Credit Facilities with Silvergate, Prepays Loan
Marathon Digital, a leading Bitcoin miner, cuts ties with Silvergate Bank in the latest development aired on March 09. This development came at a time when Silvergate Capital Corporation (the parent c...
Marathon Digital terminates credit facilities with Silvergate Bank
Bitcoin mining firm Marathon Digital has paid off its term loan and terminated its credit facilities with crypto-friendly Silvergate Bank, just as the bank announced it will be winding down operations...
Marathon says it has repaid Silvergate loan, terminated credit facility
Ad Marathon Digital said that it has repaid a term loan and terminated its credit facilities with Silvergate Bank, according to a press release published on March 8. Marathon reduces debt, strengthens...
Marathon ends its credit facilities with Silvergate, prepays loan
Bitcoin miner Marathon Digital Holdings said it repaid its term loan and ended its credit facilities with liquidating Silvergate Bank, reducing its debt by $50 million. “We have been actively ...
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
Marathon said that on March 8, the term loan prepayment was completed, and the company’s credit facilities with Silvergate Bank were terminated, reducing its debt by $50 million, according to a statem...
Marathon Digital To Restate Financials After Accounting Issues
Bitcoin miner Marathon Digital has announced that it will reissue several financial statements from its audited 2021 results and unaudited reports from 2022. The announcement comes after an inquiry c...
NASDAQ-Listed Crypto Miner Marathon Digital Cancels Earnings Call
Marathon Digital Holdings, a pioneer in Bitcoin mining, announced that it has canceled its webcast and conference call for the fourth quarter which was initially scheduled for today at 4:30 p.m. easte...
Bitcoin miner Marathon cancels Q4 earnings call over accounting corrections
Bitcoin miner Marathon Digital canceled its fourth-quarter earnings call scheduled for Tuesday after the U.S. close. The miner postponed the release of its fourth-quarter and 2022 full-year resu...
Bitcoin miner Marathon expected to see revenue triple in Q4
Marathon is expected to post triple the revenue it brought in during the third quarter for its fourth-quarter earnings after the U.S. close today. The miner is expected to report $38.4 million i...
Marathon Stock Prices (MARA) in Mellow due to Mining Disparity
Marathon Digital Holdings Inc. is a digital asset technology company. The company operates in crypto mining with core focus on the blockchain ecosystem and the era of digital assets. At present the cr...
Marathon Digital Sells Mined Bitcoin for First Time to Monetize Recent Rally
The miner said in a release on Thursday that the decision was made to cover some of its expenses. “With bitcoin production increasing and becoming more consistent, we made the strategic decision...
Marathon Digital Discards HODL Strategy: Sells BTC After More Than 2 Years
Marathon Digital Holdings – one of the leading bitcoin miners – mined 687 BTC in January 2023, a 45% increase compared to the last month of 2022. However, the company shifted from its non...
Marathon Digital Holdings sells bitcoin to raise funds
Marathon Digital Holdings’ recent sale of 3,000 bitcoin was a strategic move to raise capital for growth, not a result of financial distress, according to the leading bitcoin mining company. Marathon ...
Marathon Digital Holdings Sells Some of Its Bitcoin for the First Time
The cryptocurrency mining company Marathon Digital Holdings has sold part of its Bitcoin (BTC) holdings for the first time in the last two years, making it the second biggest publicly-listed holder of...
Marathon Digital sells 1,500 BTC to fund operational expenses
Marathon Digital’s bitcoin production and mining operation updates for January 2023 show the company produced a record 687 BTC last month, representing a 45% increase compared to the previous month. M...
Bitcoin Miner Marathon Digital Sells 1500 Bitcoin For Operational Expenses
3 hours ago | 2 mins read Bitcoin News Marathon Digital reported a 45% increase in the total number of Bitcoins mined. The firm was among the very few miners that held off on selling during crypto win...
Crypto Miner Marathon Digital Made First Bitcoin Sales as Token Soared in January
(Bloomberg) — Long-time Bitcoin holder Marathon Digital Holdings Inc. last month sold the token for the first time as its price soared, a step the crypto miner said would help fund operating cos...
Marathon Digital Mines Its Way With 2x Sales In January
As Bitcoin price surged above $23,500 level, long time Bitcoin holder Marathon Digital (MARA) has claimed to have sold a few of their Bitcoin holdings. This is for the first time the Bitcoin mining gi...
Bitcoin mining firm Marathon Digital sold 1,500 BTC in January
Marathon Digital sold 1,500 BTC in January, according to a Thursday statement from the company. The sales were intended to help fund the firm’s operations, Marathon said. “With bitc...
Marathon Digital (MARA) Enjoys Bitcoin Price Surge
With the uptrend in the broader cryptocurrency market, crypto firms also started showing optimistic sentiment reflecting on their stock price. Bitcoin miner Marathon Digital Holdings (NASDAQ: MARA) is...
Marathon plans 250 MW Abu Dhabi bitcoin mining JV
Marathon Digital, a crypto mining company, is initiating a $406 million joint venture (ADGM Entity) with FS Innovation to build and run bitcoin mining operations in Abu Dhabi. The project’s first phas...
Marathon forms Abu Dhabi bitcoin mining JV; initial project of 250MW
Crypto miner Marathon Digital is forming a joint venture with FS Innovation in Abu Dhabi to create and operate mining facilities. The company said in a filing the initial project will consist ...
Marathon Digital experiments with overclocking to increase competitive advantage
One of the largest Bitcoin (BTC) mining operations in North America, Marathon Digital Holdings, has shared in an update that it has been experimenting with overclocking to increase its competitive adv...
MARA may run marathon in the coming quarter?-market may differ on the notion
Most major digital assets dropped on Tuesday along with the US equity market. Rivals filed for bankruptcy in the past month. Bears may hunt the dip. Marathon Digital Holdings Inc. is a digital asset t...
Marathon Digital Price Prediction: Will MARA Stock Price Hit A New High Near BTC Halving?
Marathon digital holdings has recently reported that they will recover 50% of their deposits from Compass Technical indicators of MARA suggests a downside trend in price. It is currently trading near ...
“Running Bitcoin” half marathon will commemorate Hal Finney
Fran Finney, the widow of early Bitcoin contributor Hal Finney, announced a charity half marathon in honor of her husband via Twitter on Dec. 27. The event is called “Running Bitcoin.” It aims to coll...