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MARA| Name | Value |
|---|---|
| Revenues | 28.4M |
| Cost of Revenue | 43.6M |
| Gross Profit | -15.1M |
| Operating Expense | 18.7M |
| Operating I/L | 51.8M |
| Other Income/Expense | -480.2M |
| Interest Income | -0.2M |
| Pretax | -428.4M |
| Income Tax Expense | -21.6M |
| Net Income/Loss | -406.7M |
Marathon Digital Holdings, Inc. is a digital asset technology company focused on cryptocurrency mining and the generation of digital assets. With a significant holding of approximately 8,115 bitcoins, the company is actively involved in the blockchain ecosystem. Its primary revenue stream comes from the mining of cryptocurrencies, particularly Bitcoin. Formerly known as Marathon Patent Group, Inc., the company rebranded as Marathon Digital Holdings, Inc. in February 2021, reflecting its strategic shift towards digital asset technology.
