Marathon Digitals

MARA

Meme

Stocks Under $100

Tech

Country

US

Industry

Financials

Market Cap

Mid Cap

Num. Employees

60

IPO Date

Jul 28, 2014

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MARA

Country

US

Industry

Financials

Meme

Stocks Under $100

+1

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Marathon Digital Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. The company is headquartered in Las Vegas, Nevada and currently employs 60 full-time employees. The company went IPO on 2014-07-28. The firm is engaged in owning and operating bitcoin mining facilities or data centers, selling proprietary software or technology to third parties operating in the Bitcoin ecosystem, offering advisory and consulting services to support bitcoin mining ventures in domestic and international jurisdictions, and generating electricity from renewable energy resources or methane gas capture to power bitcoin mining projects. Its business is also active in Bitcoin-related projects related to the technological development of immersion, hardware, firmware, mining pools and side chains that use the blockchain cryptography. The company operates approximately 210,000 mining rigs globally, with an installed and energized hash rate of approximately 25.2 and 24.7 exahashes per second, respectively. The firm has mined 12,852 bitcoins.