Marathon Digital Holdings | ForkLog

ForkLog 46 06.01.2025

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.

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ForkLog 32 20.12.2024

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 […]

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ForkLog 10 19.12.2024

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 […]

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ForkLog 15 13.12.2024

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 […]

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ForkLog 17 10.12.2024

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 […]

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ForkLog 12 06.12.2024

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. […]

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ForkLog 19 28.11.2024

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 […]

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ForkLog 7 19.11.2024

MicroStrategy to Raise $1.75 Billion for Bitcoin Acquisition

MicroStrategy plans to issue five-year senior convertible bonds worth $1.75 billion. The funds will be used for acquiring digital gold and general corporate purposes. MicroStrategy Announces Proposed Private Offering of $1.75B of Convertible Senior Notes. $MSTR https://t.co/dBJMUvfjj1 — Michael Saylor⚡️ (@saylor) November 18, 2024 The interest rate on the securities will be 0%. They will […]

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ForkLog 205 18.11.2024

MicroStrategy Acquires 51,780 BTC; MARA Secures $700 Million for Bitcoin Investments

Between November 11 and 17, MicroStrategy acquired an additional 51,780 BTC for approximately $4.6 billion, with an average purchase price of about $88,627. MicroStrategy has acquired 51,780 BTC for ~$4.6 billion at ~$88,627 per #bitcoin and has achieved BTC Yield of 20.4% QTD and 41.8% YTD. As of 11/17/2024, we hodl 331,200 $BTC acquired for […]

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ForkLog 11 08.10.2024

Matrixport Highlights Growth Potential for Mining Stocks

Shares of mining companies may see an increase in value due to the stabilization of their revenue declines and their lag behind Bitcoin’s performance, according to Matrixport. #Matrixport Today ? — Oct 8: #Bitcoin Mining Stocks Poised for Rebound as Revenues Stabilize Post-Halving#cryptomarket #MarketTrends #MarketInsights #BTC #miningevent pic.twitter.com/sK7oxvBnhU — Matrixport Official English (the only official […]

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ForkLog 25 08.10.2024

Texans File Lawsuit Against Noisy MARA Mining Facility

A lawsuit has been filed against the mining company MARA (formerly Marathon Digital) due to noise from its facility near Granbury, Texas. More than twenty residents have claimed that the cryptocurrency mining farm is a “nuisance” causing “extreme discomfort and irritation.” The plaintiffs complain of “sensory, emotional, psychological impact, and health effects” due to the […]

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ForkLog 21 15.09.2024

Bitcoin Mining Output Declines in August, Miners Report

In early September, mining companies reported their performance for the previous month. ForkLog compiled the key figures in one article. MARA In August, MARA (formerly Marathon Digital) produced 673 BTC. Compared to July, this figure decreased by 3%. Data: MARA. According to the press release, the activated hash rate increased to 35.2 EH/s, which is […]

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