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Crypto mining company Marathon has upsized its convertible note offering by $150 million to buy even more Bitcoin. Bitcoin (BTC) mining company Marathon Digital Holdings has upsized its convertible debt offering to $850 million from $700 million to buy more…
BTC
Bitcoin
News
Marathon Digital announces a $700 million private convertible note offering to fund debt repayment, Bitcoin purchases, and corporate needs. Bitcoin (BTC) mining company Marathon Digital said it plans to sell $700 million of convertible notes in a private placement to…
BTC
Bitcoin
News
Marathon Digital Holdings, one of the largest Bitcoin mining companies, reported a 5% increase in Bitcoin production for September 2024. The company mined 705 Bitcoin (BTC), raising its total holdings to 26,842 BTC, according to company postings. Marathon also reported…
BTC
Bitcoin
Markets
Bitcoin mining stocks trended lower as volatility in the cryptocurrency continued. Marathon Digital, the biggest mining company, dropped by 2.3% on Aug. 28, marking a 38% decline from its highest point this month. CleanSpark stock fell by 1.75% to $11.25,…
News
Marathon Digital has bought $249 million worth of Bitcoin using funds raised from a $300 million offering of convertible senior notes. In an Aug. 14 press release, Marathon, which is the largest public Bitcoin (BTC) miner by realized hash rate,…
BTC
Bitcoin
News
Marathon Digital is planning a $250 million private offering of convertible senior notes, intensifying its commitment to expanding Bitcoin holdings. Bitcoin mining firm Marathon Digital Holdings is seeking to raise $250 million through a private offering of convertible senior notes…
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Bitcoin
News
Bitcoin mining company Marathon Digital has disclosed in its Q2 financial report that it sold over 50% of the BTC it mined during the quarter to fund operating costs. Marathon Digital Holdings, a publicly traded American crypto mining firm, saw…
BTC
Bitcoin
Markets
Bitcoin mining stocks like Marathon Digital and Riot Platforms rose by over 4% on Monday as cryptocurrencies bounced back. Bitcoin price made a bullish breakout Marathon Digital (MARA) shares rose to $22.45 while RIOT jumped to $11.7. Other Bitcoin (BTC)…
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Bitcoin
News
Bitcoin mining company Marathon Digital has purchased $100 million worth of BTC as part of its "HODL strategy."
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Bitcoin
Markets
Bitcoin mining stocks continued their recovery as Bitcoin continued rising during the weekend.
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Bitcoin
News
Marathon Digital Holdings Inc., (MARA) was up more than 11% early Monday afternoon as crypto stocks rose sharply to mirror Bitcoin (BTC) gains. After struggling with bearish pressure amid miner and government wallets selling, bitcoin price broke to above $63k…
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Bitcoin
News
Bitcoin mining companies are facing a notable decrease in stock value in anticipation of the upcoming halving.
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Bitcoin
News
Bitcoin mining giants, including RIOT Platforms and Marathon Digital, experience a production decline in 2024, while CleanSpark stands out with growth. As Bitcoin‘s fourth halving approaches, Bitcoin mining giants are grappling with a decline in production as the market faces…
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Bitcoin
News
Marathon Digital Holdings CEO Fred Thiel predicts that the break-even point for Bitcoin mining will climb to about $43,000 following the upcoming halving event.Â
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Bitcoin
News
The recent surge in Bitcoin has significantly impacted the performance of companies associated with crypto mining and trading, most seeing double-digit gains in a month.Â
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Bitcoin
News
Marathon Digital has finalized a deal with Hut 8 to take over the operational control of Bitcoin mining sites by paying a termination fee of $13.5 million.
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