Bitcoin Miner Marathon to Raise $250M in Direct Stock Offering
The Las Vegas company has agreed a direct offering of 12.5 million shares of common stock at at $20 per share. Source
Read MoreThe Las Vegas company has agreed a direct offering of 12.5 million shares of common stock at at $20 per share. Source
Read MoreNasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business. Source
Read MoreShareholders of publicly traded bitcoin mining companies enjoyed record monthly gains as the leading cryptocurrency reached a new all-time high Monday morning.Castle Rock, Colo.-based mining firm Riot Blockchain (RIOT) ended November with a 160% gain trading at $8.45 per share. Las Vegas-based Marathon Patent Group (MARA) also soared over 190%
Read MoreThis marks the second 10,000+ machine order from Marathon since August. Source
Read MoreThe company gains 3,304 ASIC miners through the merger. Source
Read MoreThe publicly-traded firm has bought hundreds of rigs from mining hardware rivals MicroBT and Bitmain. Source
Read MoreA new reward plan has been added to the well-known inflation pool system at Stellar called the Community Staking Marathon. In addition to
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