PANews reported on December 26 that Marathon Digital had just tweeted a review of 2024, saying that it had transformed itself from a Bitcoin mining company to a global leader in energy and infrastructure. Important milestones were achieved throughout the year, including a computing power of 50 EH/s, a 3-fold increase in capacity to 2GW, the addition of 7 mining farms, an increase in the proportion of self-operated mining farms to 65%, and an increase in Bitcoin holdings to 44,394 through $2 billion in 0% convertible bonds. In addition, the company has implemented a zero-cost energy strategy, acquiring wind farms, using oil field waste gas for energy, and recovering heat in Finland to heat 80,000 households. At the same time, it launched a two-phase immersion cooling system, a multi-chain Layer 2 network, and a Bitcoin transaction direct submission tool Slipstream, and achieved the industry's highest return on capital, and the team size expanded from 56 to 152 people.
Marathon Digital's Bitcoin holdings have increased to 44,394
- 2024-12-27
The total net asset value of the US Bitcoin spot ETF is US$108.241 billion, and the ETF net asset ratio is 5.72%.
- 2024-12-27
Yesterday, the U.S. spot Bitcoin ETF had a net inflow of $475 million, and the Ethereum ETF had a net inflow of $118 million
- 2024-12-27
Data: More than 20 companies are expected to be included in the Bitwise Bitcoin Standard Company ETF
- 2024-12-27
Cardone Capital Launches Fund Combining Real Estate Investments with Bitcoin Purchases
- 2024-12-27
Important information from last night and this morning (December 26-December 27)
- 2024-12-27
Wintermute analyst: The trend of companies incorporating Bitcoin into their balance sheets may continue until 2025