MARA
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MARA Reports Lower Q3 Revenue, Increases Bitcoin Holdings and Expands Mining Capacity ⛏️
#MARA Holdings, formerly Marathon Digital, missed Q3 revenue estimates with $131.6 million in sales, below the expected $151.6 million. Despite a net loss of $0.34 per share, MARA increased its bitcoin reserves to 26,747 BTC by #mining 2,070 BTC and purchasing 6,210 BTC.
The company expanded its mining capacity by acquiring two Ohio sites, totaling 222 MW, as it contends with record-high bitcoin mining difficulty. CEO Fred Thiel anticipates that #AI integration will be essential for future mining success. MARA’s stock saw a sharp 42% increase over five sessions, closing at $25.23, up 10% year-to-date.
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#Binance
#crypto2024
#MARA Holdings, formerly Marathon Digital, missed Q3 revenue estimates with $131.6 million in sales, below the expected $151.6 million. Despite a net loss of $0.34 per share, MARA increased its bitcoin reserves to 26,747 BTC by #mining 2,070 BTC and purchasing 6,210 BTC.
The company expanded its mining capacity by acquiring two Ohio sites, totaling 222 MW, as it contends with record-high bitcoin mining difficulty. CEO Fred Thiel anticipates that #AI integration will be essential for future mining success. MARA’s stock saw a sharp 42% increase over five sessions, closing at $25.23, up 10% year-to-date.
If you enjoy my content, feel free to tip me ❤️
#Binance
#crypto2024
💥💥💥 #bitcoin☀️ Approaches $90,000 Following #trumpwin and Market Optimism
Bitcoin Nears $90,000 Amid Trump-Driven Crypto Optimism
- Bitcoin surged to $89,637, up 25% since Nov. 5, as Trump’s presidential win boosted expectations for a pro-crypto administration. This "Trump trade" has driven demand for crypto assets and stocks, with Tesla also up nearly 40%. Trump’s support for digital assets, including a potential U.S. bitcoin reserve, has sparked speculation across crypto sectors.
- The rally extended to U.S.-listed #CryptoMiners , with Riot Platforms gaining 17%, #MARA Holdings up 30%, and MicroStrategy climbing 26% after a recent $2 billion bitcoin buy. Trump’s launch of World Liberty Financial in September and his intention to replace SEC Chair Gary Gensler added to hopes for a favorable regulatory shift. Investors view this as a sign of political support for bitcoin as a potentially stable asset.
#BinanceSquareBTC
Bitcoin Nears $90,000 Amid Trump-Driven Crypto Optimism
- Bitcoin surged to $89,637, up 25% since Nov. 5, as Trump’s presidential win boosted expectations for a pro-crypto administration. This "Trump trade" has driven demand for crypto assets and stocks, with Tesla also up nearly 40%. Trump’s support for digital assets, including a potential U.S. bitcoin reserve, has sparked speculation across crypto sectors.
- The rally extended to U.S.-listed #CryptoMiners , with Riot Platforms gaining 17%, #MARA Holdings up 30%, and MicroStrategy climbing 26% after a recent $2 billion bitcoin buy. Trump’s launch of World Liberty Financial in September and his intention to replace SEC Chair Gary Gensler added to hopes for a favorable regulatory shift. Investors view this as a sign of political support for bitcoin as a potentially stable asset.
#BinanceSquareBTC
Марта Михалка:
$AEUR Every resident of the European Union who respects himself and respects the values of Europeans should have at least 1 such coin in his wallet ??? Is this your coin ???$
Change the BTC coinbase message,
Marathon Digital (MARA) recently placed additional stamping for each new block they succeed in mining with the text “Made in USA” in their coinbase message.
This innovation may lead other countries to pursue all the miner pools to place their country name in the block they succeed in mining.
#MARA #BTCUSA #Bitcoinmining #Mininginnovation
$BTC $STX
Marathon Digital (MARA) recently placed additional stamping for each new block they succeed in mining with the text “Made in USA” in their coinbase message.
This innovation may lead other countries to pursue all the miner pools to place their country name in the block they succeed in mining.
#MARA #BTCUSA #Bitcoinmining #Mininginnovation
$BTC $STX