MARA CEO Predicts Tough Times Ahead for Miners
The bitcoin mining industry is facing a challenging period due to increasing competition and declining profitability, according to MARA CEO Fred Thiel.Marathon Digital Holdings is a digital asset technology company that mines cryptocurrencies.
MARA CEO Predicts Tough Times Ahead for Miners
The bitcoin mining industry is facing a challenging period due to increasing competition and declining profitability, according to MARA CEO Fred Thiel.
MARA Ventures into AI Infrastructure with $168 Million Deal
Bitcoin miner MARA Holdings is in discussions to acquire a 64% stake in French data centre provider Exaion for $168 million, according to Bloomberg. The investment reflects a shift in the mining company’s priorities amid industry changes. Unlike its competitors, who focus on large data centre infrastructure, MARA is betting on AI inference technologies—data processing […]
MARA Mines Record 950 BTC in a Month Post-Halving
The mining firm MARA extracted 950 BTC in May, marking the highest volume since January 2024 and a 35% increase from April’s figures. MARA’s May 2025 Bitcoin Production Highlights are here. — Record High 282 Blocks Earned in May, 38% Increase M/M— 950 Bitcoin Produced, 35% Increase M/M— Increased BTC Holdings* to 49,179 BTC Details […]
Marathon chief urges U.S. to mine bitcoin to build a strategic reserve
To build a strategic bitcoin reserve, the U.S. could levy a royalty on mining. An alternative is to mine bitcoin using surplus hydropower. The administration of U.S. President Donald Trump could fulfil its pledge to create a Strategic Bitcoin Reserve (SBR) by starting to mine the cryptocurrency, said MARA CEO Fred Thiel, according to CoinDesk. […]
MARA Advocates for Bitcoin Reserve Across the United States
The mining firm MARA is pushing for the implementation of a strategic Bitcoin reserve across all 50 states and by the federal government of the United States, according to the company’s CEO, Fred Thiel. Focusing now on bringing the Strategic Bitcoin Reserve (aka SBR) to all 50 states and the Federal government. https://t.co/7dzxWohFpm — Fred […]
MARA deploys 7,377 BTC to crypto lending platforms
Miner MARA has sent 7,377 BTC (16.4% of its bitcoin reserves) to crypto lending services to earn “modest” additional income.
MARA Launches Second District Heating Project in Finland
The American mining company MARA has initiated its second project in Finland, utilizing the heat generated from cryptocurrency mining to warm residential homes. This holiday season, we’re excited to bring the gift of warmth to even more homes with the addition of our second district heating project warming a city of 67,000 residents with #Bitcoin […]
MARA Expands Bitcoin Reserves to $4.45 Billion, Hut 8 Reaches $1 Billion
The mining company MARA Holdings has acquired an additional 15,574 BTC for a total of $1.53 billion at an average price of approximately $98,529 per coin. MARA raised $1.925 billion from 0% convertible notes in November and December. Using the proceeds from its zero-coupon convertible notes offerings, MARA has acquired 15,574 BTC for ~$1.53 billion […]
JPMorgan: Miners Emulate MicroStrategy’s Bitcoin Strategy
Publicly traded mining companies are adopting a strategy of acquiring bitcoin for their balance sheets, following the example of MicroStrategy. This is according to a report by JPMorgan, as reported by CoinDesk. To finance operational costs, firms are issuing bonds and stocks, opting not to sell mined coins. This shift is due to pressure on […]
MARA Acquires $1.1 Billion in Bitcoin
The mining company MARA Holdings has purchased 11,774 BTC for approximately $1.1 billion, at an average price of around $96,000 per coin. Using the proceeds from its zero-coupon convertible notes offerings, MARA has acquired 11,774 BTC for ~$1.1 billion at ~$96,000 per #bitcoin and has achieved BTC Yield of 12.3% QTD and 47.6% YTD. As […]
BlackRock and MARA Acquire 9173 BTC Amid Bitcoin’s Dip Below $100,000
On December 5, BlackRock and MARA Holdings purchased 7750 BTC and 1423 BTC respectively, while an unknown whale acquired 600 BTC as the leading cryptocurrency’s price fell to $90,500. That day, Bitcoin’s decline exceeded 13% at its lowest point, with the price plummeting from an all-time high above $104,000 to $90,500, before rebounding to $98,000. […]
MARA Acquires Bitcoin Worth $618 Million
The largest publicly traded mining company, MARA Holdings, has acquired 6,474 BTC for approximately $618 million following the issuance of $1 billion in convertible bonds. With our 0% $1 billion convertible notes offering, we are excited to share an update: — Acquired an additional 703 BTC, bringing the total to 6,474 BTC, at an average […]We use cookies to improve the quality of our service.
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