Marathon Patent Group Provides Update on S-9 Antminer Installation
MARA Holdings, Inc. (MARA)
Last mara holdings, inc. earnings: 8/14 04:00 pm
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ir.marathonpg.com
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Source: GlobeNewswire
LAS VEGAS, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or the "Company"), today announced that as of December 12th, 2019, the Company has 3,600 S-9 Bitmain 13.5 TH/s Bitcoin Antminers installed and operational. This installation increases the Company’s total Hashing capacity from approximately 14 Petahash per second pre-deployment, to a current per second rate of approximately 50 Petahash. The Company previously disclosed it had executed a hosting agreement on October 3rd, 2019 which provided for an installation schedule from the hosting company. The schedule indicated all 7,200 S-9 Antminers were to be installed by December 15th, 2019, absent any equipment receipt delays not in their control. Unfortunately, the hosting company experienced numerous delays, primarily as a result of the delayed receipt of the custom-built containers needed to house our mining equipment, resulting in only half (3,600) miners being installed as of last week.
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- Marathon Digital Stock is Consolidating: Right Time to Enter? [Yahoo! Finance]Yahoo! Finance
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- Stock Market News for Dec 19, 2024 [Yahoo! Finance]Yahoo! Finance
- MARA Holdings, Inc. (NASDAQ: MARA) is now covered by analysts at Piper Sandler. They set an "overweight" rating and a $34.00 price target on the stock.MarketBeat
- Top Stock Picks for Week of December 16, 2024 [Yahoo! Finance]Yahoo! Finance
MARA
Earnings
- 11/12/24 - Miss
MARA
Sec Filings
- 12/19/24 - Form 8-K
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- MARA's page on the SEC website