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 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 has promised to return all deposits of Silicon Valley Bank and Signature Bank customers. （The Block） Marathon Digital: $142 million of cash deposited in Signature Bank has been available Analysis based on this information:The news report highlights that Marathon Digital, a bitcoin mining company, has announced that it could make use of the $142 million cash deposit of Signature Bank. Marathon stated that it can efficiently manage these funds and…

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. Marathon Digital: still holds more than 11000 Bitcoins Analysis based on this information:Marathon Digital, a company that operates Bitcoin mining facilities, has stated that it can use the $142 million cash deposit held by Signature Bank, which was closed by state regulators on Sunday. Even though the bank has been closed down, the funds can still be utilized for financial management purposes, allowing all invoices to be paid in the normal course of business. Marathon Digital has also asserted that it holds over 11000 Bitcoins, which provide the company with financial…

It is reported that Marathon Digital, a Bitcoin mining company, announced the termination of the credit arrangement with Silvergate, a cryptobank. Marathon said

It is reported that Marathon Digital (MARA) is one of the largest publicly traded bitcoin miners, and sold 650 of the 683 bitcoins it mined in February. Accord…

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 Unit…