News
Top 6 Cryptocurrency Stocks for July 2024 – Forbes Advisor
Marathon Digital is a digital asset technology company and one of the largest and most valuable pure-plays Bitcoin Mining stocks out there. In fact, given the crisis that the cryptocurrency and blockchain sectors have faced throughout 2022, MARA is the only pure-play Bitcoin included on this list.
The company’s fleet of over 105,000 Bitcoin miners mined a record 2,195 BTC coins in the first quarter of 2023. At the same time, Marathon held a total of 11,466 Bitcoin, worth approximately $326 million.
On April 3, 2023 Press releaseFred Thiel, Marathon’s chairman and CEO, said, “Given the operational and financial improvements we made in the first quarter, we remain optimistic that we will achieve our primary growth objectives and establish Marathon as one of the largest and most efficient Bitcoin mining operations globally.”