Marathon Digital Holdings, based in Las Vegas, specializes in cryptocurrency mining and blockchain technology, operating around 210,000 mining rigs and having mined 12,852 bitcoins since its IPO in 2014. The company focuses on renewable energy solutions and offers advisory services within the Bitcoin ecosystem.
MARA has been in the news recently: Marathon Digital Holdings and other Bitcoin-related companies experienced share increases as Bitcoin reached new record highs, surpassing $123,000 during overnight trading. The surge coincided with the beginning of Crypto Week in Washington, D.C., which may lead to significant institutional investment in the cryptocurrency market.
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