The miner said on Wednesday, during its earnings results, that its cash on hand was $118.5 million as of March 31, while total liquidity, defined as cash on hand plus available revolving credit facilities, was $218.5 million. The miner plans to reach 23.3 exahashes per second (EH/s) in mining power by early 2023. At the close of Wednesday trading, Marathon’s stock fell about 1% to $17.76 per share.
Source: https://www.coindesk.com/business/2022/05/04/marathon-digital-may-start-to-sell-some-of-its-bitcoins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines