ChainCatcher news, Marathon Digital posted on social media to review 2024, stating that it has transformed itself from a Bitcoin mining company into a leader in the global energy and infrastructure sector.The company achieved significant milestones throughout the year, including a hash rate of 50 EH/s, a threefold increase in capacity to 2GW, the addition of 7 new mining sites, an increase in self-operated mining sites to 65%, and an increase in Bitcoin holdings to 44,394 coins through a $2 billion 0% convertible bond.In addition, the company implemented a zero-cost energy strategy, acquired wind farms, utilized stranded gas from oil fields for energy, and recovered heat in Finland to provide heating for 80,000 households. It also launched a two-phase immersion cooling system, a multi-chain Layer 2 network, and a direct Bitcoin transaction submission tool called Slipstream, achieving the highest capital return rate in the industry, with the team size expanding from 56 to 152 people.

ChainCatcher news, according to CryptoSlate, the American cryptocurrency mining company Mara Holdings (formerly Marathon Digital) announced that it has utilized the excess heat generated from Bitcoin mining to provide heating for 80,000 households in the Satakunta region of Finland.

ChainCatcher news, on-chain data shows that the digital asset technology company Marathon Digital has increased its holdings by 1,627 BTC (worth $166 million) in the past 8 hours.

ChainCatcher message, on-chain data shows that Marathon Digital has increased its holdings by 1,627 BTC ($166 million) in the past 8 hours.

ChainCatcher news, according to Spot On Chain monitoring, Bitcoin mining company Marathon Digital has transferred 22,044 BTC ($2.34 billion) in the past 14 hours.These funds are spread across 40 new, unidentified wallets, and they remain stored in these addresses to this day.Currently holding 14,364 BTC ($1.54 billion).

ChainCatcher news, according to Lookonchain monitoring, North American mining company Marathon Digital's address has accumulated 1,300 BTC (approximately 130 million USD) in the past 7 hours.

ChainCatcher news, according to Lookonchain monitoring, Marathon Digital has purchased 1,423 BTC again in the past 6 hours, worth approximately $139.5 million.MARA announced yesterday the completion of the second issuance of $850 million convertible notes, primarily for the purchase of Bitcoin and partially to repurchase existing notes maturing in 2026.

According to ChainCatcher news reported by Decrypt, Bitcoin mining company Marathon Digital Holdings (MARA) is issuing $850 million in convertible notes, with an option to expand to $1 billion, as part of a plan to repurchase existing debt, acquire Bitcoin, and fund corporate plans during the cryptocurrency market recovery.The company plans to use $199 million of the expected net proceeds of $833 million from this sale to repurchase its existing $212 million 2026 convertible notes. Marathon Digital stated that the remaining portion will be used to purchase more Bitcoin and for general corporate purposes, including working capital, strategic acquisitions, asset expansion, and repaying other debts.

ChainCatcher news, Bitcoin miners Marathon Digital and Riot Platforms announced that their monthly Bitcoin production has reached its highest level since the Bitcoin halving in April, marking a strong rebound since the miner rewards halved.Marathon produced 717 Bitcoins, worth $48.8 million. Marathon CEO Fred Thiel explained that the company attributes part of this to its powered hash rate rising over 14%, exceeding 40 exahashes per second. Riot mined 505 Bitcoins in October, worth $34.4 million, a month-over-month increase of 22.6%.

ChainCatcher news, according to @ai_9684xtpa's monitoring, North American Bitcoin mining company Marathon Digital is suspected of entrusting Galaxy Digital to sell 370 BTC, worth approximately 24.83 million dollars.After multiple transfers, Marathon transferred 370 BTC to Galaxy 9 hours ago, and the latter had already deposited the tokens into Binance four hours ago; Marathon currently still holds 12,837 BTC, valued at 862 million dollars.

ChainCatcher news, Bitcoin mining company Marathon Digital recently sold $300 million in convertible notes to purchase 4,144 bitcoins, following the strategy of MicroStrategy.MicroStrategy's Executive Chairman Michael Saylor has made large-scale purchases of Bitcoin through borrowing, making his company one of the largest holders of Bitcoin in the world. Marathon Digital's move reflects the challenges faced by the mining industry: mining profits have significantly declined, and mining companies are forced to find other ways to sustain operations.Industry experts believe that as Bitcoin mining profit margins decrease, the pressure on mining companies increases, and debt financing may see a revival across the industry. Marathon's strategy is seen as a pragmatic choice to address the current challenges in the industry, while also reflecting its confidence in the long-term value of Bitcoin.

ChainCatcher news, according to Decrypt, sources say that Marathon Digital's CEO Fred Thiel and GAA Lex Samuels met with Democratic National Committee Chair Jamie R. Harrison and his advisors on August 5 to discuss issues important to voters focused on cryptocurrency.

ChainCatcher message, HODL15Capital has compiled a list of publicly traded companies that are actively purchasing BTC and holding it long-term on their balance sheets.Among them, MicroStrategy holds 226,500; Marathon Digital holds 25,000; Block (Square) holds 8,038; Boyaa holds 1,100; Fold holds 1,000; Semler Scientific holds 929; Metaplanet holds 303; WonderFi holds 43; Bitcoin Depot holds 12.

ChainCatcher news, Marathon Digital CEO Fred Thiel stated that representatives from the Trump and Robert Kennedy campaigns "started engaging with the industry early on" to build a rapport, but Harris has not made a clear statement.Harris is leading Trump in many battleground states and is ahead by 10 percentage points nationwide. Thiel acknowledged that the Democratic candidate could potentially have an advantage in the 2024 campaign. Thiel said, "At least from my perspective, the Harris team hasn't done anything to indicate they would be friendly towards Bitcoin, which just tells me that maybe we really should accelerate moving our business overseas. All the strategic planning I am doing for 2025 is focused on areas outside the United States."

ChainCatcher news, according to Coindesk, Jefferies investment bank pointed out in its latest research report that due to the Bitcoin price dropping over 6% in July while the network hash rate remained stable, Bitcoin mining profits have slightly decreased compared to June. Jefferies lowered the target stock price for Marathon Digital from $22 to $17, but maintained a hold rating. The stock fell 0.7% in pre-market trading to about $15.The report shows that U.S.-listed mining companies produced more Bitcoin in July, accounting for 21.1% of the total network output, up from 20.7% in May. Analysts Jonathan Petersen and Joe Dickstein noted that the pace of new capacity additions by public companies has outstripped the growth rate of the network hash rate. Marathon Digital produced 692 Bitcoins in July, a 17% increase from the previous month, and its installed hash rate remains the largest in the industry.JPMorgan's report also pointed out that the global hash rate share of U.S.-listed miners reached a record high in July. August will be more challenging for miners as the Bitcoin price has dropped about 5% and the network hash rate has begun to grow again.

ChainCatcher news, Bitcoin mining company Marathon Digital announced on X that it has raised $300 million through oversubscribed convertible preferred notes, with the funds used to purchase 4,144 BTC (worth approximately $249 million), bringing its strategic Bitcoin reserve total to over 25,000 BTC.Previous news, Marathon Digital plans to privately issue $250 million in convertible preferred notes, with the raised funds primarily intended for purchasing Bitcoin.

ChainCatcher news, according to Bitcoin Magazine, mining company Marathon announced that every Bitcoin block it mines now bears the inscription "Made in America."

ChainCatcher news, according to the official announcement, Bitcoin mining company Marathon Digital Holdings, Inc. (NASDAQ: MARA) announced plans to issue $250 million in convertible preferred notes, subject to market conditions, targeting qualified institutional investors. The notes will mature in 2031, with interest paid semi-annually.MARA plans to use the raised funds primarily for purchasing Bitcoin and general corporate purposes, including working capital, strategic acquisitions, asset expansion, and debt repayment. This note issuance is not registered under U.S. securities laws or other jurisdictions and will be conducted solely through a private placement.

According to ChainCatcher news, statistics from HODL15Capital show that among the listed Bitcoin mining companies, Marathon Digital holds 20,818 BTC, ranking first. Following is Riot Platforms, holding 9,334 BTC; Hut 8 holds 9,109 BTC, ranking third.The holdings of other mining companies are as follows:Cleanspark holds 7,082 BTC;Hive Digital holds 2,496 BTC;Cifer Mining holds 2,270 BTC;Canaan holds 1,057 BTC;Bit Digital holds 1,038 BTC;Bitfarms holds 1,016 BTC.