Marathon Digital

BTC miner Marathon Digital records $686M loss in 2022, revenue down 58%
-
20 March, 2023

BTC miner Marathon Digital records $686M loss in 2022, revenue down 58%

Marathon Digital was dealt a blow by the BTC price decline towards the end of 2022, with an impairment charge...
BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility
-
3 February, 2023

BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility

Marathon partnered with FS Innovation on the project, which it estimates will produce 250 MW of energy as it strives...
Marathon Digital settles with former CEO for $24 million
-
20 October, 2022

Marathon Digital settles with former CEO for $24 million

The block reward mining company agreed to stock unit awards with former CEO Merrick Okamoto who stepped down last year...
Compute North files for Chapter 11 bankruptcy with $500M in debt
-
26 September, 2022

Compute North files for Chapter 11 bankruptcy with $500M in debt

Compute North operates data centers for miners, including Marathon Digital and Hive Blockchain, but a $300 million loan has made...