Tag: marathon patent group

Jan 13 2021

Bitcoin Miner Marathon to Raise $250M in Direct Stock Offering

The Las Vegas company has agreed a direct offering of 12.5 million shares of common stock at $20 per share.

Jan 06 2021

Cryptocurrency Mining Firm Marathon’s Market Cap Passes $1B

At the crypto market's 2017 peak, Marathon barely had $50 million in market capitalization.

Jan 04 2021

Bitcoin Miner Marathon Patent Group Completes $200M Capital Raise

Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business.

Dec 28 2020

Marathon Patent Agrees to Buy 70K ASIC Miners From Bitmain for $170M

The announcement comes after a holiday weekend in which the price of bitcoin hit a succession of new all-time highs.

Dec 16 2020

Bitcoin Mining Stocks Soar as BTC Blows Past $20,000

Share prices for publicly traded bitcoin mining companies are climbing as the leading cryptocurrency sliced through $20,000 Wednesday.

Nov 30 2020

Nov 25 2020

Long in China’s Shadow, the US Is Becoming a Bitcoin Mining Power Again

Following a string of investments, miners are increasingly optimistic about prospects for the U.S. market in 2021.

Nov 12 2020

Marathon Reports Record $835K Quarterly Mining Revenue, Increased Bitcoin Holdings

Marathon is holding more bitcoin on its balance sheet than ever before.

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