Six public mining companies have raised over $1 billion in Q1 so far
Old miners plugged in? Data suggests 100 EH/s correction possible after halving
Fundraise plan comes weeks after Bitdeer announced proprietary bitcoin ASIC chip
Marathon had 4.5 EH/s of hashrate hosted at Applied's Garden City, Texas site as of February.
It's not the first time mining stocks have lagged behind bitcoin’s return to ATH
Marathon previously paid $15 million to Auradine, securing rights to buy future stocks of its Teraflux miners.
Hut 8 is set to make use of the 9,000 bitcoin on its balance sheet to fund its near-term growth
CleanSpark, Iris Energy, HIVE raised $210M+ since New Year
The fallout of an exit strategy resulting in a hefty price to chipmaker Katena
Mining stocks recover from recent sell-off, eyeing new yearly highs.
It appears to be the first time that Jane Street reports ownership of more than 5% of Marathon's outstanding shares.
Marathon had 7.8 EH/s of hashrate installed at Applied Digital's Ellendale facility.