MARA - Marathon Digital Holdings, Inc.

Marathon Digital Holdings Appoints Salman Khan as its Chief Financial Officer

FORT LAUDERDALE, Fla., June 07, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today announced the appointment of Salman Khan to the position of chief financial officer. Khan brings to Marathon 25 years of finance and accounting experience. Prior to joining Marathon, he served as chief financial officer for Verb Technology Company Inc., a Nasdaq listed leading provider of interactive vid

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  Circana Appoints Anne Bramman as Chief Financial and Growth Officer

  GlobeNewswire
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  Orchestra BioMed Appoints Bill Little as Executive Vice President of Corporate Development and Strategy and Andrew Taylor as Chief Financial Officer

  GlobeNewswire

Marathon Digital Holdings Announces $14.25 Million Private Placement

FORT LAUDERDALE, Fla., June 05, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), today announced that it has entered into a securities purchase agreement for the purchase of 15,000 shares of Series A redeemable convertible preferred stock in a private placement. Each share of Series A preferred stock has a purchase price of $952.38, representing an original issue discount of approximately 5% of the $1,000 stated value of each share. Each share of

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  SKRR Exploration Inc. Announces Private Placement of up to C$1,000,000 Million and Concurrent Share Consolidation

  CNW Group
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  Telo Genomics Announces Private Placement Increased to $2,766,375 from Previously Announced Private Placement of $2,000,000

  Newsfile

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for May 2023

- Produced a Record 1,245 BTC in May 2023 and 4,141 BTC Year-To-Date - Increased Operational Hash Rate 9% to 15.2 EH/s and Installed Hash Rate 13% to 20.1 EH/s in May 2023 - Raised nearly $800,000 for Bitcoin Core Developers in Collaboration with Brink - Reported Unrestricted Cash and Cash Equivalents of $97.3 Million and Increased Unrestricted Bitcoin Holdings to 12,259 BTC (c. $333.7 Million) as of May 31, 2023 FORT LAUDERDALE, Fla., June 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings,

Marathon Digital Holdings Collaborates with Brink To Raise Up to $1 Million To Support Bitcoin Core Developers

Marathon To Match All Donations Up to $500,000 through 2023FORT LAUDERDALE, Fla., May 18, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, and Brink, a 501(c)(3), fully-donor supported organization dedicated to strengthening the Bitcoin protocol and network through research, development, and a robust support system for both emerging and established Bitcoin developers via funding, education

Auradine Raises $81 Million in Series A Financing for Next-Generation Web Infrastructure

Funding led by Celesta Capital and Mayfield Company driving disruptive solutions for scalable, secure and sustainable infrastructure SILICON VALLEY, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Auradine, a pioneer in web infrastructure solutions including blockchain, security and privacy, today announced that it has raised $81 million in its initial round of funding. The Series A funding was led by Celesta Capital and Mayfield, with Sriram Viswanathan of Celesta and Navin Chaddha of Mayfield joining

Marathon Digital Holdings Reports First Quarter 2023 Results

FORT LAUDERDALE, Fla., May 10, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the first quarter ended March 31, 2023. First Quarter 2023 Financial ResultsThe Company recorded a net loss of $(7.2) million, or $(0.05) per share, during the fiscal quarter ended March 31, 2023, compared to a net loss of $(12.9) million, or $(0.12) per share

Marathon Digital Holdings and Zero Two To Develop and Operate the First Large-Scale Immersion Bitcoin Mining Facilities in Abu Dhabi

FORT LAUDERDALE, Fla., May 09, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, and Zero Two (Registered name FS Innovation), an emerging blockchain and digital assets infrastructure development company focused on accelerating the global digital economy while supporting the power grid of Abu Dhabi, today announced further details regarding the formation of a joint venture (JV) to establish

Marathon Digital Holdings Schedules Conference Call for First Quarter 2023 Financial Results

Earnings Webcast and Conference Call Set for Thursday, May 11, 2023, at 8:30 a.m. ETFORT LAUDERDALE, Fla., May 04, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Thursday, May 11, 2023, at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2023. Financial results will be published in a press release pri

UPDATE - Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for April 2023

Increased Operational Hash Rate 22% to 14 EH/s and Installed Hash Rate 16% to 17.9 EH/s in April 2023Produced 702 BTC in April 2023 and 2,896 BTC Year-To-DateReported Unrestricted Cash and Cash Equivalents of $123.5 Million, and Increased Unrestricted Bitcoin Holdings to 11,568 BTC (c. $319.2 Million) as of April 30, 2023 FORT LAUDERDALE, Fla., May 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for April 2023

Increased Operational Hash Rate 22% to 14 EH/s and Installed Hash Rate 16% to 17.9 EH/s in April 2023Produced 702 BTC in April 2023 and 2,896 BTC Year-To-DateReported Unrestricted Cash and Cash Equivalents of $123.5 Million, and Increased Unrestricted Bitcoin Holdings to 11,568 BTC (c. $319.2 Million) as of April 30, 2023 FORT LAUDERDALE, Fla., May 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for March 2023

- Increased Bitcoin Production 21% Month-Over-Month, Producing a Record 825 BTC in March 2023 and a Record 2,195 BTC in Q1 2023 - Increased Hash Rate 64% in Q1 2023 to 11.5 EH/s as of March 31, 2023 - Reported Unrestricted Cash and Cash Equivalents of $124.9 Million and Increased Unrestricted Bitcoin Holdings to 11,466 BTC (c. $326.5 Million) as of March 31, 2023 FORT LAUDERDALE, Fla., April 03, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a l

Marathon Digital Holdings’ CFO Hugh Gallagher To Retire in May 2023

FORT LAUDERDALE, Fla., March 31, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, announced that Chief Financial Officer Hugh Gallagher has informed the Company that he intends to retire effective May 12, 2023. The Company has initiated an external search for a new Chief Financial Officer. “I joined Marathon to support the organization through its large expansion plans and to help build th

Marathon Digital Holdings Reports Fourth Quarter and Fiscal Year 2022 Results

FORT LAUDERDALE, Fla., March 16, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the fourth quarter and fiscal year 2022 ended December 31, 2022. Fiscal Year 2022 Financial ResultsThe Company recorded a net loss of $(686.7) million, or $(6.05) per share, during the fiscal year ended December 31, 2022, compared to a net loss of $(37.1) mil

Marathon Digital Holdings Responds to Closure of Signature Bank, New York, NY

FORT LAUDERDALE, Fla., March 13, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today announced that based on the information made publicly available on Sunday, March 12, 2023 by the Treasury, Federal Reserve, and Federal Deposit Insurance Corporation (“FDIC”), the Company’s deposits that were held at Signature Bank, New York, NY are secure and available for use as of Monday, March 13, 2

Marathon Digital Holdings Prepays Term Loan in Whole and Terminates Credit Facilities

Prepayment Reduces Debt by $50 Million and Increases Unrestricted Bitcoin Holdings by 3,132 BTCFORT LAUDERDALE, Fla., March 08, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has repaid its term loan and terminated its credit facilities with Silvergate Bank, reducing Marathon’s debt by $50 million and increasing the Company’s unrestricted bitcoin holdings by 3,132 BTC. In early February

Applied Digital Announces Energizing of Facility in Ellendale, North Dakota

DALLAS, March 07, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, today announced the energizing of its 180-megawatt (MW) facility in Ellendale, North Dakota. The Company broke ground on the facility on September 8, 2022 and is now powering and operating the new site only six months after initial

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for February 2023

- Increased Hash Rate 30% by Energizing Approximately 18,800 Bitcoin Miners (c. 2.2 EH/s) in February 2023 - Produced 683 BTC in February 2023 and 1,370 BTC Quarter-To-Date - Increased Unrestricted Cash to $219.7 Million and Increased Unrestricted Bitcoin Holdings to 8,260 BTC (c. $191.2 million) FORT LAUDERDALE, Fla., March 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today publis

Marathon Digital Holdings Cancels Conference Call and Postpones Publication of Fourth Quarter and Fiscal Year 2022 Financial Results

FORT LAUDERDALE, Fla., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, announced today that it has cancelled its webcast and conference call for the fourth quarter and fiscal year 2022, initially scheduled for today, February 28, 2023, at 4:30 p.m. Eastern time, and will postpone the publication of its corresponding financial results. For further information, please review the Co

Marathon Digital Holdings Schedules Conference Call for Fourth Quarter and Fiscal Year 2022 Financial Results

Earnings Webcast and Conference Call Set for Tuesday, February 28, 2023, at 4:30 p.m. ETFORT LAUDERDALE, Fla., Feb. 20, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Tuesday, February 28, 2023, at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and fiscal year 2022 ended December 31, 2022. Financial results will b

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for January 2023

Produced a Record 687 BTC in January 2023, 45% Increase from the Prior MonthIncreased Unrestricted Cash to $133.8 Million and Increased Unrestricted Bitcoin Holdings to 8,090 BTC as of January 31 FORT LAUDERDALE, Fla., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for January 2023. Management Co

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for December 2022

Marathon's Path to 23 EH/s Latest installation schedules as of January 2023. Subject to change. - Achieved a New Record in Quarterly BTC Production - Produced 475 BTC in December 2022, 1,562 BTC in Q4 2022, and 4,144 BTC In Fiscal Year 2022 - Increased Unrestricted Cash to $103.7 Million and Unrestricted Bitcoin Holdings to 7,815 BTC as of December 31 LAS VEGAS, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and s

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for November 2022

– Produced 472 BTC in November 2022 and 1,087 BTC Quarter-To-Date – Increased Unrestricted Cash to $61.7 Million and Unrestricted Bitcoin Holdings to 4,200 BTC as of November 30 – Initiated Pilot Immersion Deployment and Installed Approximately 14,000 S19 XPs in Texas LAS VEGAS, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production a

Marathon Digital Holdings Reports Third Quarter 2022 Results

LAS VEGAS, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the quarter ended September 30, 2022. Third Quarter 2022 Financial ResultsThe Company recorded a net loss of $(75.4) million, or $(0.65) per share, during the quarter compared with a net loss of $(22.2) million, or $(0.22) per share, in the prior-year period. Unfavorable

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for October 2022

Produced a Record 615 BTC in October 2022Total Bitcoin Holdings Increased to 11,285 BTC with a fair market value of $231.3 Million LAS VEGAS, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for October 2022. Management Commentary“October was the most productive month in Marathon’s history both in

Marathon Digital Holdings Schedules Conference Call for Third Quarter 2022 Financial Results

Earnings Webcast and Conference Call Set for Tuesday, November 8, 2022, at 4:30 p.m. ETLAS VEGAS, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Tuesday, November 8, 2022 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2022. Financial results will be published in a press release prior