- Price:
- $22.63
- Open:
- $20.74
- Previous close:
- $19.86
- Day's range:
- $20.51 - $23.50
- Year's range:
- $9.88 - $34.09
- Net Income per Share:
- 0.83
- Price-to-Earnings ratio:
- 27.27
- 52-week Price Range:
- $17.45
- Volume:
- $120,068,195.00
- Average volume:
- $42,683,834.00
Company profile for Marathon Digital Holdings, Inc.
Marathon Digital Holdings, Inc. is a leading digital asset technology company based in Las Vegas, Nevada, focused on the blockchain ecosystem and the generation of digital assets. Founded in 2010, the company has grown to become a leader in the digital asset sector, with operations in the United States and beyond. The company is aiming to become the first publicly listed digital asset mining company in the world.
Marathon Digital Holdings, Inc. currently operates two bitcoin mining farms with a total hash rate of 5.2EH/s. The company is continually expanding, with plans in place to increase the hash rate to 15EH/s in the near future. The company has an innovative approach to mining, taking advantage of both traditional mining and ASIC mining. The company is constantly looking for opportunities to optimize mining operations and ensure they remain at the cutting edge of blockchain technology.
The company is also involved in the development of various blockchain and distributed ledger technologies, such as the Lightning Network, Hyperledger, and Ethereum. These projects and technologies will allow the company to expand its digital asset mining capabilities and business operations, enabling it to create a more efficient and secure blockchain ecosystem.
In addition to its digital asset mining operations, Marathon Digital Holdings, Inc. also owns and operates the Marathon Investment Fund, which holds the company’s 4,794 bitcoins, as of December 31, 2021. This is the world’s largest publicly traded Bitcoin fund, which allows the company to offer a secure and efficient way to invest in digital assets without requiring hands-on management.
Marathon Digital Holdings, Inc. has also taken a leading role in increasing the adoption of blockchain technology in the United States and globally. The company is working with other companies and organizations, such as the US Chamber of Commerce and the US Treasury, to develop feasible and sustainable use cases for blockchain technology. The company has also established a number of partnerships to promote blockchain technology and its applications, such as with Microsoft and the Intercontinental Exchange.
The company is constantly striving to remain at the forefront of blockchain technology, and is committed to helping develop the infrastructure and protocols that will enable the adoption of digital assets worldwide. Marathon Digital Holdings, Inc. is focused on building a future where blockchain technology and digital assets are commonplace in everyday life.
- Stock exchanges:
- NASDAQ
- Sector:
- Financial Services
- Industries:
- Capital Markets
- Ticker:
- MARA
- CIK:
- 0001507605
- ISIN:
- US5657881067
- Website:
- https://www.marathondh.com
- Phone:
- 702 945 2773
- Origin:
- United States
- Employees:
- 10