Marathon Digital Q4 Report: Revenue Down, but Shares Up

Marathon Digital Q4 Report: Revenue Down, but Shares Up

Also, Marathon Digital has disclosed the nature of its exposure to the cryptocurrency-focused institution Silvergate Bank, which is no longer in business. The troubled Bitcoin (BTC) mining company Marathon Digital Holdings Inc (NASDAQ: MARA) has issued its performance evaluation for the fourth quarter (Q4) of 2022, in which it revealed a revenue that was lower … Read more

Marathon Digital’s Q4 Losses are Expected to Reduce from $75.4M to $ 24M in Q4

Marathon Digital's Q4 Losses are Expected to Reduce from $75.4M to $ 24M in Q4

Reports indicate (1) that Marathon Digital Holdings, Inc. anticipates recording revenue of $38.4 million for the quarter ending in December 2022. Even though this amount is three times higher than what the cryptocurrency miner made in the previous quarter, it is still lower than the $60.3 million that it made in the same time period … Read more