Investment bank Compass Point downgraded MARA Holdings (MARA) to a sell rating from neutral on Tuesday, citing unsustainable cash burn. “There’s better ways to get BTC beta,” analysts wrote in the research note, pointing to Marathon’s hash price …
Bitcoin mining company MARA Holdings (MARA) is launching a fresh $2 billion stock offering to buy more bitcoin, continuing its plan of buying BTC in the open market through capital raise while sticking to its “Hodl” strategy. According to …
With rising energy cost, many miners may not survive the 2028 halving, MARA said.
The acquisition adds 114 megawatts of wind capacity to MARA’s asset base as it expands into energy infrastructure.
The bitcoin miner holds 44,893 BTC on its balance sheet, it said in a production report.