Marathon Digital Holdings Increases 2024 Hash Rate Target to 50 Exahash
Marathon Digital Holdings, Inc. (MARA)
Last marathon digital holdings, inc. earnings: 8/14 04:00 pm
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ir.marathonpg.com
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Source: GlobeNewswire
New 50 EH/s Target Represents Approximately 100% Growth in Hash Rate during Fiscal Year 2024 Fort Lauderdale, FL, April 25, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today announced that the Company is increasing its hash rate target for fiscal year 2024 from 35-37 EH/s to 50 EH/s. Marathon began 2024 with approximately 24.7 EH/s energized and had been planning to grow its hash rate by approximately 46% to 35-37 EH/s by the end of the year. Based on current machine orders and available capacity following its recent acquisitions, Marathon now expects to grow its operations to approximately 50 EH/s by the end of 2024. The new target represents approximately 100% growth in hash rate during 2024 and is fully funded based on Marathon’s current liquidity position. “Given the amount of capacity we have avai
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MARA
News
- Vistra Set to Join S&P 500; Aaon to Join S&P MidCap 400; Marathon Digital Holdings to Join S&P SmallCap 600PR Newswire
- Why Bitcoin Miners Cratered This Week [Yahoo! Finance]Yahoo! Finance
- Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for April 2024 [Yahoo! Finance]Yahoo! Finance
- Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for April 2024GlobeNewswire
- Bitcoin Miner Stronghold Looking at Options, Including Sale of Company [Yahoo! Finance]Yahoo! Finance
MARA
Earnings
- 2/28/24 - Beat
MARA
Sec Filings
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- 4/5/24 - Form 8-K
- MARA's page on the SEC website