# Marathon Digital

Bitcoin mining firm Marathon Digital reportedly battled against “operational challenges” to produce record financial results in the first quarter of 2024. In its first-quarter earnings report, the firm reported producing 2,811 Bitcoins during the first quarter of 2024, compared to...

Bitcoin miners are down but not out after the halving, netting substantial revenue from transaction fees last month. 

Marathon Digital has selected Standard Chartered-backed digital asset custodian Zodia Custody to safeguard its crypto holdings. Zodia Custody will offer secure, institutional-grade custody solutions for Marathon's crypto holdings located outside the United States, Monday’s announcement...

Bitcoin's highly anticipated "halving" event may already be partially factored into the market, according to the CEO of Marathon.

Marathon Digital Holdings CEO Fred Thiel warned that smaller miners will face financial strain following the Bitcoin halving event in April. In a CNBC interview published Friday, Thiel highlighted the disparity in access to capital and equipment financing between smaller and larger miners in the...

Applied Digital announced on March 15 that it had concluded the sale of its 200-megawatt (MW) Bitcoin mining facility to Marathon Digital Holdings for $87.3 million. In the announcement, the Nasdaq-listed mining company mentioned that the mining plant is in Garden City, Texas. The second quarter...