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How Do Bitcoin Miners Generate Cash Without Selling Crypto Holdings?
Tuesday, May 3, 2022 - 7:37am | 435Bitcoin (CRYPTO: BTC) miners have embraced new strategies to finance operations without selling any of their crypto holdings. What Happened: According to a recent report from Bloomberg, Bitcoin mining firms like Marathon Digital Holdings. (NASDAQ: MARA) are...
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Marathon Digital CEO: Bitcoin Would Have To Drop 80% For The Company To Become Unprofitable
Friday, November 19, 2021 - 12:21pm | 336Fred Thiel, the CEO of Bitcoin (CRYPTO: BTC) mining company Marathon Digital Holdings Inc (NASDAQ: MARA), said Bitcoin’s price would have to undergo an 80% correction before things become challenging for Marathon Digital. What Happened: In an interview with Bloomberg on Thursday, Thiel...
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Why Bitcoin-Related And Ethereum-Related Stock Marathon Digital Is Falling
Wednesday, November 10, 2021 - 4:05pm | 222Marathon Digital Holdings Inc (NASDAQ: MARA) shares are trading lower after the company reported third-quarter earnings results. Marathon Digital reported quarterly earnings of 85 cents per share and reported $51.70 million in sales this quarter. This represents a marked...
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How Much Do Bitcoin Mining Companies Make — And What Does China's Ban Mean For The Market?
Thursday, September 2, 2021 - 2:00pm | 669Bitcoin miners are making more money with the rising price of Bitcoin (CRYPTO: BTC), but margins could be under pressure as more mining companies enter the market given the limited supply. How Much Do Bitcoin Miners Make? Bitcoin miners have to invest millions of dollars and the daily revenue can...
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Why Marathon Digital's Stock Is Trading Higher Today
Friday, August 13, 2021 - 11:14am | 219Marathon Digital Holdings Inc (NASDAQ: MARA) is trading higher Friday after the company announced better-than-expected second-quarter financial results. Marathon Digital reported quarterly adjusted earnings of 21 cents per share, which was up from a loss of 7 cents per share year over year. The...
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EXCLUSIVE: Marathon Digital CEO Talks Bitcoin, El Salvador News, Crypto Volatility On 'PreMarket Prep'
Wednesday, June 9, 2021 - 12:06pm | 558Marathon Digital Holdings Inc (NASDAQ: MARA) aims to build the largest bitcoin mining operation in North America at one of the lowest energy costs, CEO Fred Thiel told Benzinga. The more decentralized the Bitcoin (CRYPTO: BTC) network is, the more secure it is, Thiel said during...