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-0.0011965300628178 -0.00201017050553394 0.00029913251570461 -0.0107029614119054 -0.00107687705653609 -0.0218366736464253 -0.0170505533951541 0.00269219264134022
Stock impact report

Bitcoin Miner Stronghold Looking at Options, Including Sale of Company [Yahoo! Finance]

Marathon Digital Holdings, Inc. (MARA) 
Last marathon digital holdings, inc. earnings: 8/14 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.marathonpg.com
Company Research Source: Yahoo! Finance
"The company is considering a wide range of alternatives to maximize shareholder value, including, but not limited to, the sale of all or part of the Company, or another strategic transaction involving some, or all of, the assets of the Company," the miner said in a press release on Thursday. Stronghold, the company that turns piles of coal waste into energy to mine bitcoin, said the move comes as there is a "valuation dislocation" of the stock compared to its other mining peers in the market. “Stronghold's Board and management team are committed to maximizing value for our shareholders and, to that end, have commenced a comprehensive and thorough review of strategic alternatives,” said Greg Beard, chairman and chief executive officer of Stronghold. The company has hired Cohen and Company Capital Markets as financial advisers and said there isn't any specific timeline set for the completion of the review. The shares rose nearly 7% in the pre-market trading on Thursday. The st Show less Read more
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