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MARA Purchases $100 Million of Bitcoin
Newsfilter· 2024-07-25 20:05
MARA Updates Treasury Policy to HODL All Bitcoin; Current Bitcoin Holdings Surpass 20,000 BTC Fort Lauderdale, FL, July 25, 2024 (GLOBE NEWSWIRE) -- MARA (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today announced that it has purchased $100 million of bitcoin and currently holds over 20,000 BTC on its balance sheet. Furthermore, effective immediately, MARA will adopt a full HODL approach towards its bitcoin treasury poli ...
Trump Gold Rush: 3 Stocks to Buy for a ‘Red' Victory in November
Investor Place· 2024-07-25 19:30
With only four months before the presidential election, President Joe Biden has dropped out, endorsing Vice President Kamala Harris for president. However, with the odds favoring a second term for Donald Trump, it’s time to buy Trump victory stocks.We already know Trump has vowed to “drill, baby, drill,” which would be beneficial for domestic oil companies. We know he wants to address the issue of illegal immigration, with the potential for mass deportation. He also has a strong position on potential cuts t ...
MARA Schedules Conference Call for Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-07-18 20:05
Earnings Webcast and Conference Call Set for Thursday, August 1, 2024 at 5:00 p.m. ET Fort Lauderdale, FL, July 18, 2024 (GLOBE NEWSWIRE) -- MARA (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, will hold a webcast and conference call on Thursday, August 1, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2024. Financial results will be published in a press release prior to ...
Marathon Digital Holdings, Inc. (MARA) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-07-11 06:56
In the latest market close, Marathon Digital Holdings, Inc. (MARA) reached $18.89, with a -0.74% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.02%. Elsewhere, the Dow gained 1.09%, while the tech-heavy Nasdaq added 1.18%.Shares of the company have depreciated by 4.03% over the course of the past month, underperforming the Business Services sector's gain of 0.23% and the S&P 500's gain of 4.44%.Investors will be eagerly watching for the performance o ...
3 Under-$30 Growth Stocks to Buy for 3-Bagger Returns by 2026
Investor Place· 2024-06-28 19:00
Back in 2021, growth stocks had skyrocketed. One reason for the rally was easy money policies and as interest rates increased, growth readjustments translated into correction for some of the best growth stocks. However, with the likelihood of multiple interest rate cuts in the next 12 to 24 months, I am bullish on another big rally for growth stocks. The focus of this column is on under-$30 growth stocks to buy that can deliver 3-bagger returns in 24 months. The first two stocks discussed in the column repr ...
Marathon Digital Holdings Announces Kaspa Mining Operations
Newsfilter· 2024-06-27 04:05
93 Million KAS Mined, Equivalent to $15 Million, as of June 25, 2024 Fort Lauderdale, FL, June 26, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today announced that the Company is mining Kaspa (KAS), a proof-of-work (PoW) digital asset, to further diversify its portfolio of digital asset compute. Kaspa is currently the fifth largest proof-of-work digital asset by mar ...
MARA, CLSK, RIOT stocks at risk as Bitcoin forms a risky pattern
Invezz· 2024-06-25 16:09
Bitcoin mining stocks are under intense pressure as the BTC price continues its remarkable collapse. Marathon Digital (MARA) stock price dropped by more than 2.7% on Monday while Riot Platforms (RIOT) crashed by over 3.56%. Other mining companies like CleanSpark, Iris Energy, Hut 8 Group, and Bitfarms have also retreated. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Bitcoin has formed a risky pattern Copy link to section The main catalyst or the o ...
Marathon Digital Holdings, Inc. (MARA) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-06-21 06:55
Marathon Digital Holdings, Inc. (MARA) ended the recent trading session at $20.66, demonstrating a +1.87% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.25% for the day. Meanwhile, the Dow gained 0.77%, and the Nasdaq, a tech-heavy index, lost 0.79%. Shares of the company have depreciated by 4.52% over the course of the past month, underperforming the Business Services sector's loss of 0.21% and the S&P 500's gain of 3.59%. The investment community ...
Investors Heavily Search Marathon Digital Holdings, Inc. (MARA): Here is What You Need to Know
ZACKS· 2024-06-06 22:06
Marathon Digital Holdings, Inc. (MARA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this company have returned +4.9% over the past month versus the Zacks S&P 500 composite's +4.6% change. The Zacks Technology Services industry, to which Marathon Digital belongs, has gained 4.6% over this period. Now the key question is: Where could the stock be headed in the near t ...
Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for May 2024
Newsfilter· 2024-06-05 20:05
Average Operational Hash Rate Increases 22% M/M to 25.7 EH/s Increased BTC Holdings to 17,857 BTC; Total Cash and BTC of $1.5 B as of May 31, 2024 Fort Lauderdale, FL, June 05, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today published unaudited bitcoin (“BTC”) production and miner installation updates for May 2024. Management Commentary "The strength of our M ...