MARA - Shares Of Bitcoin Miner Marathon Digital Are Moving: What's Going On? | Benzinga
Marathon Digital Holdings Inc (NASDAQ: MARA) shares traded higher Wednesday morning before pulling back. The company released Bitcoin (CRYPTO: BTC) production and mining operation updates.
What Happened: Marathon Digital said it produced 1,242 bitcoin in September, up 16% from August and up 245% on a year-over-year basis. The increase was driven by improved uptime and decreased curtailment activity at its Texas facility.
The company's U.S. average operational hash rate increased 20% month-over-month to 15.8 ...