Marathon digitally rejects Hodl strategy: sells BTC after more than 2 years

Veröffentlicht:

Aktualisiert:

Von:

Marathon Digital Holdings – einer der führenden Bitcoin-Miner – hat im Januar 2023 687 BTC abgebaut, eine Steigerung von 45 % im Vergleich zum letzten Monat des Jahres 2022. Das Unternehmen wandte sich jedoch von seiner Nicht-Verkaufsstrategie ab und trennte sich von 1.500 BTC, um die Betriebskosten zu decken. Planänderung Marathon gestartet des Jahres durch die Produktion von 687 BTC im Januar, eine deutliche Steigerung gegenüber 475 BTC im Dezember 2022. Fred Thiel – Vorsitzender und CEO – erklärte, dass die besseren Ergebnisse auf die „Fähigkeit des Teams zur Zusammenarbeit“ mit dem neuen Hosting-Anbieter in McCamey zurückzuführen seien , Texas. …
Marathon Digital Holdings-one of the leading Bitcoin miners-dismantled 687 BTC in January 2023, an increase of 45 % compared to the last month of 2022. However, the company turned away from its non-sales strategy and separated from 1,500 BTC to cover the operating costs. The Marathon Change Started by the production of 687 BTC in January, a significant increase compared to 475 BTC in December 2022. Fred Thiel-Chairman and CEO-explained that the better results on the “ability of the team for cooperation” with the new hosting provider in McCamey can be attributed to Texas. ... (Symbolbild/KNAT)

Marathon Digital Holdings-one of the leading Bitcoin miners-dismantled 687 BTC in January 2023, an increase of 45 % compared to the last month of 2022.

, however, turned away from its non-sales strategy and separated from 1,500 BTC to cover the operating costs.

Plan change

Marathon Started of the year through the production of 687 BTC in January, a significant increase compared to 475 BTC in December 2022. -Chairman and CEO-said that the better results on the “ability of the team for cooperation” with the new hosting provider in McCamey were due to Texas.

"We believe that the improvements of our operational efficiency together with the proactive measures we took to strengthen our balance sheet brought marathon in a strong position to reach our growth and operating goals in 2023," he said.

However,

The price increase of Bitcoin in the first month of 2023 caused a marathon to sell 1,500 BTC of its stocks. The generated funds cover the operating costs and are used for general corporate purposes. This is the first time since October 2020 that the company has decided to pay part of its assets.

its total ownership amounts to 11,418 BTC, of ​​which 8,090 BTC (around $ 190 million at current prices) are unreservedly. In addition, Marathon ended the month with $ 133.8 million in unlimited cash.

The company strives to optimize its mining performance in the course of 2023 and to install around 23 Exahashes in computing power until the middle of the year.

"We are still confident of making marathon one of the largest and most energy-efficient Bitcoin mining companies worldwide," announced the company.

The crypto miner, which entered Nasdaq in 2013, experienced an increase in his shares last month. Mara is currently being traded at around $ 8, which corresponds to an increase of 135 % compared to the beginning of 2023

Exposition to Compute North

as cryptopotato registered In December last year, Marathon took the emergency center compute north holdings. It hired experts and discussed the matter with Guggenheim Partners and Weil Gotsshal & Manges.

Compute North was one of the most important hosting providers for marathon and installed over 68,000 Bitcoin mining machines in his wind-powered systems in Texas in the third quarter of 2022. Due to regulatory problems, 40,000 of these units remained eliminated.

The data center for insolvency protection at the end of September, while marathon disclosed a total commitment of over $ 80 million.

The Post Marathon Digital Discards Hodl Strategy: Sells BTC After More Than 2 Years first appeared on Cryptopotato.

.