Marathon Digital (MARA) Shares Up 7% though Firm Reports Lower Q4 2022 Revenue

Marathon Digital has also revealed the nature of its exposure to the now-defunct crypto-focused Silvergate Bank. Embattled Bitcoin (BTC) mining firm, Marathon Digital Holdings Inc (NASDAQ: MARA) has released its performance report for the fourth quarter (Q4) of 2022 in which it unveiled a poorer-than-expected revenue. According to the firm, its revenue came in at … Read more

Marathon Digital Sold Nearly All Bitcoins Mined in February

The company announced that it would continue adding more Bitcoin miners this year. Marathon Digital Holdings Inc (NASDAQ: MARA), a leading Bitcoin mining company with about 9.5 exahashes, announced its unaudited February production and miner installation updates on March 02. The $760 million-valued Marathon Digital produced 683 Bitcoins in February 2023 and approximately 1,370 BTC … Read more

Marathon Digital Expected to Rake in $38.4M in Q4 2022 Revenue Despite SEC-induced Reporting Delays

Despite SEC reporting delays, crypto miner Marathon should see its Q4 2022 revenue triple quarter-over-quarter. According to reports, Marathon Digital Holdings, Inc (NASDAQ: MARA) expects to post $38.4 million in revenue for Q4 2022. Although this sum triples what the crypto miner made in the preceding quarter, it is still down from the $60.3 million … Read more