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🚀 MARA Holdings Makes Big AI Move 🚀
MARA Holdings, the world’s largest Bitcoin miner by production & market cap, is expanding into artificial intelligence with a major acquisition:
💰 The Deal
• Acquiring 64% stake in Exaion (subsidiary of France’s Électricité de France) for $168M.
• Option to increase stake to 75% by 2027 with an additional $127M (performance-based).
• Expected to close Q4 2025, pending approvals.
⚡ Why It Matters
• Exaion: Specializes in high-performance computing (HPC) data centers.
• Partnerships with Nvidia & Deloitte.
• Boosts MARA’s global AI + HPC capabilities.
🗣 CEO Fred Thiel: Focus on data protection and energy efficiency to deliver next-gen cloud solutions.
📊 MARA’s Position
• July 2025: Mined 703 BTC (production dip).
• Revenue up 64% YoY despite slower AI entry compared to competitors.
📌 Bottom Line: MARA is bridging Bitcoin mining with AI & HPC — a strategic pivot toward the future of computing.
#MARA #CryptoNews #BitcoinMining #ArtificialIntelligence #BinanceSquare
MARA Holdings, the world’s largest Bitcoin miner by production & market cap, is expanding into artificial intelligence with a major acquisition:
💰 The Deal
• Acquiring 64% stake in Exaion (subsidiary of France’s Électricité de France) for $168M.
• Option to increase stake to 75% by 2027 with an additional $127M (performance-based).
• Expected to close Q4 2025, pending approvals.
⚡ Why It Matters
• Exaion: Specializes in high-performance computing (HPC) data centers.
• Partnerships with Nvidia & Deloitte.
• Boosts MARA’s global AI + HPC capabilities.
🗣 CEO Fred Thiel: Focus on data protection and energy efficiency to deliver next-gen cloud solutions.
📊 MARA’s Position
• July 2025: Mined 703 BTC (production dip).
• Revenue up 64% YoY despite slower AI entry compared to competitors.
📌 Bottom Line: MARA is bridging Bitcoin mining with AI & HPC — a strategic pivot toward the future of computing.
#MARA #CryptoNews #BitcoinMining #ArtificialIntelligence #BinanceSquare
MARA to Acquire 64% of EDF’s Exaion in $168M Deal, Expanding into AI Infrastructure
MARA Holdings Inc. is making its biggest strategic leap beyond cryptocurrency mining with a planned $168 million acquisition of a majority stake in EDF’s Exaion, a high-performance computing and AI infrastructure provider.
According to a filing with the U.S. Securities and Exchange Commission (SEC), MARA’s French subsidiary, MARA France SAS, will purchase 64% of Exaion through a combination of newly issued and existing shares. The deal, which still requires approval from regulators in France and Canada, is expected to close in late 2025 or early 2026.
Deal Structure and Phased Investment
MARA will acquire 4.1 million newly issued shares in Exaion for €115 million, and 1.2 million existing shares from EDF Pulse Holding and minority shareholders for €33 million. Of this, €23 million will be paid at closing and €10 million in 2027, contingent on Exaion meeting agreed performance targets.
In a second phase planned for March 2027, MARA intends to raise its stake to approximately 75% by acquiring 3.9 million additional shares for around €110 million. This phased approach keeps EDF as a minority partner while granting MARA controlling influence over Exaion’s operations.
AI Expansion Beyond Bitcoin Mining
Exaion specializes in high-performance computing, cloud platforms, and advanced data center services that power resource-intensive digital workloads, including AI applications, big data analytics, and digital sovereignty solutions.
By entering the AI infrastructure sector, MARA aims to diversify away from the volatility of cryptocurrency revenues while leveraging its expertise in managing large-scale, energy-intensive computing operations.
Unlike AI competitors such as Core Scientific and Hut 8, which focus heavily on hyperscale cloud providers, MARA plans to work directly with enterprise clients, offering customized AI inference solutions rather than resource-heavy AI training services.
Financial Impact and Strategic Positioning
The acquisition announcement boosted MARA’s market capitalization to $5.8 billion, with its shares climbing 1.8% to $15.67 during the New York trading session.
Alongside its AI push, MARA continues its aggressive Bitcoin treasury strategy—raising $950 million through equity and debt to buy and hold Bitcoin, without selling any mined coins.
With AI demand surging and Bitcoin mining remaining volatile, MARA’s dual-focus strategy positions it for long-term growth in two high-value technology sectors.
The post appeared first on CryptosNewss.com
#MARA #BitcoinForecast $BTC
According to a filing with the U.S. Securities and Exchange Commission (SEC), MARA’s French subsidiary, MARA France SAS, will purchase 64% of Exaion through a combination of newly issued and existing shares. The deal, which still requires approval from regulators in France and Canada, is expected to close in late 2025 or early 2026.
Deal Structure and Phased Investment
MARA will acquire 4.1 million newly issued shares in Exaion for €115 million, and 1.2 million existing shares from EDF Pulse Holding and minority shareholders for €33 million. Of this, €23 million will be paid at closing and €10 million in 2027, contingent on Exaion meeting agreed performance targets.
In a second phase planned for March 2027, MARA intends to raise its stake to approximately 75% by acquiring 3.9 million additional shares for around €110 million. This phased approach keeps EDF as a minority partner while granting MARA controlling influence over Exaion’s operations.
AI Expansion Beyond Bitcoin Mining
Exaion specializes in high-performance computing, cloud platforms, and advanced data center services that power resource-intensive digital workloads, including AI applications, big data analytics, and digital sovereignty solutions.
By entering the AI infrastructure sector, MARA aims to diversify away from the volatility of cryptocurrency revenues while leveraging its expertise in managing large-scale, energy-intensive computing operations.
Unlike AI competitors such as Core Scientific and Hut 8, which focus heavily on hyperscale cloud providers, MARA plans to work directly with enterprise clients, offering customized AI inference solutions rather than resource-heavy AI training services.
Financial Impact and Strategic Positioning
The acquisition announcement boosted MARA’s market capitalization to $5.8 billion, with its shares climbing 1.8% to $15.67 during the New York trading session.
Alongside its AI push, MARA continues its aggressive Bitcoin treasury strategy—raising $950 million through equity and debt to buy and hold Bitcoin, without selling any mined coins.
With AI demand surging and Bitcoin mining remaining volatile, MARA’s dual-focus strategy positions it for long-term growth in two high-value technology sectors.
The post appeared first on CryptosNewss.com
#MARA #BitcoinForecast $BTC
📈 Miners eye multi-billion $ AI market amid rising competition
⚡ Using energy expertise to enter AI infra.
🤖 AI demand creates new growth chances.
💰 MARA buys billions in $BTC BTC, keeps mined coins.
📊 Raised $950M to buy more Bitcoin.
🪙 Aims to mirror Bitcoin like Michael Saylor.
💹 Shares up 1.8%, market cap $5.8B.
#Bitcoin #MARA #CryptoNews
⚡ Using energy expertise to enter AI infra.
🤖 AI demand creates new growth chances.
💰 MARA buys billions in $BTC BTC, keeps mined coins.
📊 Raised $950M to buy more Bitcoin.
🪙 Aims to mirror Bitcoin like Michael Saylor.
💹 Shares up 1.8%, market cap $5.8B.
#Bitcoin #MARA #CryptoNews
🚨 JUST IN 🚨
Bitcoin miner MARA is making its biggest move yet outside of mining, spending $168 million to buy a 64% stake in Exaion, a company that builds powerful computers for AI and other high-performance tasks. Exaion is owned by Électricité de France (EDF), France’s state-owned energy giant.
Key points:
▶️ #MARA can increase its stake to 75% by 2027 for another $127M
▶️ This move takes MARA beyond Bitcoin mining into AI, cloud, and high-performance computing
▶️ Deal expected to close in Q4 2025 after approvals
This could be a game-changer for MARA’s future.
#Cryptonews
Bitcoin miner MARA is making its biggest move yet outside of mining, spending $168 million to buy a 64% stake in Exaion, a company that builds powerful computers for AI and other high-performance tasks. Exaion is owned by Électricité de France (EDF), France’s state-owned energy giant.
Key points:
▶️ #MARA can increase its stake to 75% by 2027 for another $127M
▶️ This move takes MARA beyond Bitcoin mining into AI, cloud, and high-performance computing
▶️ Deal expected to close in Q4 2025 after approvals
This could be a game-changer for MARA’s future.
#Cryptonews
MARA is making a $168M move into AI! The $BTC miner will acquire 64% of EDF’s Exaion, aiming to become a leader in AI infrastructure by 2026. 🚀 #MARA
#Bitcoin #AI #CryptoNews #TechInvesting MARA To Acquire 64% Of EDF’s Exaion In $168M Deal, Expanding Into AI Infrastructure - MARA to buy 64% of EDF’s Exaion in a $168M deal, marking a major shift from Bitcoin mining to AI infrastructure. Closing expected late 2025 or early 2026.
#Bitcoin #AI #CryptoNews #TechInvesting MARA To Acquire 64% Of EDF’s Exaion In $168M Deal, Expanding Into AI Infrastructure - MARA to buy 64% of EDF’s Exaion in a $168M deal, marking a major shift from Bitcoin mining to AI infrastructure. Closing expected late 2025 or early 2026.
🚀$BTC Miner MARA Eyes AI Growth in $168M EDF Deal! 🤖💰
MARA Holdings Inc. is about to close a $168M deal to acquire EDF’s Exaion, marking a massive leap beyond Bitcoin mining into AI infrastructure! 🧠⚡
This pivot could position MARA as a dual powerhouse in both crypto & artificial intelligence — tapping into two of the hottest tech trends of the decade.
#MARA #BitcoinMining #CryptoNews #ArtificialIntelligence
MARA Holdings Inc. is about to close a $168M deal to acquire EDF’s Exaion, marking a massive leap beyond Bitcoin mining into AI infrastructure! 🧠⚡
This pivot could position MARA as a dual powerhouse in both crypto & artificial intelligence — tapping into two of the hottest tech trends of the decade.
#MARA #BitcoinMining #CryptoNews #ArtificialIntelligence
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🚀🤖 Mara Holdings enters the world of artificial intelligence with force! 💡💰
In a major strategic move, Mara Holdings – the largest Bitcoin miner in the world – announced its acquisition of 64% of Exaion, a subsidiary of Electricité de France, for $168 million, with an option to increase the stake to 75% by 2027 through an additional investment of $127 million.
📌 Key highlights of the deal:
🖥 Exaion specializes in data centers and high-performance computing, and has partnerships with giants like Nvidia and Deloitte.
📌 Key highlights of the deal:
🖥 Exaion specializes in data centers and high-performance computing, and has partnerships with giants like Nvidia and Deloitte.
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BitMine Immersion Technologies (#BitMine ) announced that its reserves exceeded 1.15 million $ETH worth over $4.96 billion as of August 10.
According to the press release, the price of Ethereum at that time was $4311. This makes BitMine the largest holder of the asset in the world and the third largest cryptocurrency treasury after #Strategy and #MARA .
In just a week, the volume of the second largest cryptocurrency in the company's portfolio increased by $2 billion — from $2.9 billion (833,137 ETH) to $4.96 billion (1.15 million ETH).
He added that the company continues to “rapidly pursue the goal of '5% alchemy' for ETH.”
The company launched the ETH treasury strategy on June 30, 2025, and closed it on July 8.
In less than a month and a half, BitMine reached key milestones, becoming a leader in Ethereum volumes and one of the most notable crypto companies on the public market in the USA.
According to the press release, the price of Ethereum at that time was $4311. This makes BitMine the largest holder of the asset in the world and the third largest cryptocurrency treasury after #Strategy and #MARA .
In just a week, the volume of the second largest cryptocurrency in the company's portfolio increased by $2 billion — from $2.9 billion (833,137 ETH) to $4.96 billion (1.15 million ETH).
He added that the company continues to “rapidly pursue the goal of '5% alchemy' for ETH.”
The company launched the ETH treasury strategy on June 30, 2025, and closed it on July 8.
In less than a month and a half, BitMine reached key milestones, becoming a leader in Ethereum volumes and one of the most notable crypto companies on the public market in the USA.
🚨 Daily Crypto Buzz — Here’s What You Missed! 🚨
Let’s break down the biggest crypto headlines in a way that’s easy to digest and hard to ignore 👇
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📈 IREN Surges 11% After Outperforming MARA in Bitcoin($BTC )Mining
IREN Ltd mined 728 BTC in July — beating mining giant MARA, which mined 703 BTC.
Despite a smaller hashrate (45.4 EH/s avg vs. MARA’s 58.9 EH/s), IREN kept operations efficient and consistent 💪.
The result? A +11.4% surge in IREN’s stock price, pushing its market cap to $4.11B, second only to MARA.
---
⚖️ Tornado Cash Co-Founder Found Guilty on 1 Count
Roman Storm, co-founder of Tornado Cash, was convicted in New York for running an unlicensed money transfer business.
He faces up to 5 years in prison.
The jury couldn’t reach a decision on other charges, including money laundering and violating North Korea sanctions.
Prosecutors argued he failed to stop criminals from abusing the protocol. His team, however, included top Ethereum experts in defense.
---
💀 $3M Gone in One Click: Phishing Strikes Again
A careless click cost one investor $3.05M in USDT 😱.
They unknowingly signed a malicious smart contract — a classic phishing attack.
Pro Tip: Always double-check the entire wallet address — scammers often spoof the beginning and end to trick you.
---
💼 Crypto Salaries Triple in 2024: USDC Takes the Lead
Pantera Capital reports a 3x jump in crypto-based salaries this year!
63% of all crypto wages are now paid in USDC, beating USDT despite its volume dominance 💵.
The majority of salaries come with 4-year vesting, showing a maturing market focused on long-term value.
---
🧠 Key Takeaways
🔹 IREN flexes operational strength with a big win in BTC mining.
🔹 Legal risks are real in crypto — just ask Tornado Cash devs.
🔹 One wrong click can wipe your wallet — stay vigilant!
🔹 Stablecoins like USDC are becoming the new paycheck standard in crypto.
---
#CryptoNews #BitcoinMining #iren #MARA #TornadoCash #PhishingAlert #USDC #DeFi #Web3 #CryptoJobs
Let’s break down the biggest crypto headlines in a way that’s easy to digest and hard to ignore 👇
---
📈 IREN Surges 11% After Outperforming MARA in Bitcoin($BTC )Mining
IREN Ltd mined 728 BTC in July — beating mining giant MARA, which mined 703 BTC.
Despite a smaller hashrate (45.4 EH/s avg vs. MARA’s 58.9 EH/s), IREN kept operations efficient and consistent 💪.
The result? A +11.4% surge in IREN’s stock price, pushing its market cap to $4.11B, second only to MARA.
---
⚖️ Tornado Cash Co-Founder Found Guilty on 1 Count
Roman Storm, co-founder of Tornado Cash, was convicted in New York for running an unlicensed money transfer business.
He faces up to 5 years in prison.
The jury couldn’t reach a decision on other charges, including money laundering and violating North Korea sanctions.
Prosecutors argued he failed to stop criminals from abusing the protocol. His team, however, included top Ethereum experts in defense.
---
💀 $3M Gone in One Click: Phishing Strikes Again
A careless click cost one investor $3.05M in USDT 😱.
They unknowingly signed a malicious smart contract — a classic phishing attack.
Pro Tip: Always double-check the entire wallet address — scammers often spoof the beginning and end to trick you.
---
💼 Crypto Salaries Triple in 2024: USDC Takes the Lead
Pantera Capital reports a 3x jump in crypto-based salaries this year!
63% of all crypto wages are now paid in USDC, beating USDT despite its volume dominance 💵.
The majority of salaries come with 4-year vesting, showing a maturing market focused on long-term value.
---
🧠 Key Takeaways
🔹 IREN flexes operational strength with a big win in BTC mining.
🔹 Legal risks are real in crypto — just ask Tornado Cash devs.
🔹 One wrong click can wipe your wallet — stay vigilant!
🔹 Stablecoins like USDC are becoming the new paycheck standard in crypto.
---
#CryptoNews #BitcoinMining #iren #MARA #TornadoCash #PhishingAlert #USDC #DeFi #Web3 #CryptoJobs
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IREN shares rise 11% after outperforming MARA in Bitcoin mining for July
$BTC
Shares of IREN Ltd, specialized in Bitcoin mining, recorded a strong jump of 11.4% on Wednesday, after announcing July results that showed it outperformed its competitor MARA Holdings in terms of the amount of Bitcoin mined, despite having lower mining capacity.
IREN revealed that it successfully mined 728 Bitcoin during July, compared to only 703 Bitcoin for MARA. This achievement comes at a time when IREN has a deployed mining capacity of 50 exahashes per second (EH/s), compared to 58.9 EH/s for MARA.
Shares of IREN Ltd, specialized in Bitcoin mining, recorded a strong jump of 11.4% on Wednesday, after announcing July results that showed it outperformed its competitor MARA Holdings in terms of the amount of Bitcoin mined, despite having lower mining capacity.
IREN revealed that it successfully mined 728 Bitcoin during July, compared to only 703 Bitcoin for MARA. This achievement comes at a time when IREN has a deployed mining capacity of 50 exahashes per second (EH/s), compared to 58.9 EH/s for MARA.
New mining king: IREN surpasses MARA in Bitcoin production and efficiency in July
📅 August 6 | United States
A quiet but powerful shock has occurred in the world of Bitcoin mining: IREN (Iris Energy) has dethroned Marathon Digital Holdings (MARA), the long-time leader in the sector, by surpassing it in both production and operational efficiency during July. This data, which might seem technical, has direct implications for the institutional narrative about who truly leads the future of decentralized mining.
🧨 Who is IREN and how did it defeat the giant MARA?
July 2025 marked a turning point in the silent war for the Bitcoin mining throne. IREN, an Australian company, produced 653 BTC in July, surpassing MARA's 590 BTC, with lower energy consumption and greater fleet efficiency.
📊 Key Details:
BTC Production (July):
- IREN: 653 BTC
- MARA: 590 BTC
Miner Fleet Utilization:
- IREN: 96%
- MARA: 80%
IREN has achieved this milestone with a more compact yet highly optimized infrastructure. IREN's operating model is based on renewable energy and energy efficiency.
This achievement comes amid growing environmental scrutiny and pressure for efficiency in the sector, where it's no longer enough to have the largest number of machines; what matters is how well they're used.
In a statement, IREN executives emphasized that their focus is on sustainable growth, not just volume, which could make them the new favorite of institutional investors.
Topic Opinion:
IREN didn't win by having more machines, but by knowing how to use them better. This should teach the rest of the industry a lesson: Bitcoin's next decade will be led by those who combine sustainability, innovation, and efficiency, not just those who use the most electricity.
It also shows that the dominance of US companies like MARA is no longer unchallenged. Global competition is alive... and well.
💬 Is IREN the new silent champion?
Leave your comment...
#Bitcoinmining #iren #MARA #BTC #CryptoNews $BTC
A quiet but powerful shock has occurred in the world of Bitcoin mining: IREN (Iris Energy) has dethroned Marathon Digital Holdings (MARA), the long-time leader in the sector, by surpassing it in both production and operational efficiency during July. This data, which might seem technical, has direct implications for the institutional narrative about who truly leads the future of decentralized mining.
🧨 Who is IREN and how did it defeat the giant MARA?
July 2025 marked a turning point in the silent war for the Bitcoin mining throne. IREN, an Australian company, produced 653 BTC in July, surpassing MARA's 590 BTC, with lower energy consumption and greater fleet efficiency.
📊 Key Details:
BTC Production (July):
- IREN: 653 BTC
- MARA: 590 BTC
Miner Fleet Utilization:
- IREN: 96%
- MARA: 80%
IREN has achieved this milestone with a more compact yet highly optimized infrastructure. IREN's operating model is based on renewable energy and energy efficiency.
This achievement comes amid growing environmental scrutiny and pressure for efficiency in the sector, where it's no longer enough to have the largest number of machines; what matters is how well they're used.
In a statement, IREN executives emphasized that their focus is on sustainable growth, not just volume, which could make them the new favorite of institutional investors.
Topic Opinion:
IREN didn't win by having more machines, but by knowing how to use them better. This should teach the rest of the industry a lesson: Bitcoin's next decade will be led by those who combine sustainability, innovation, and efficiency, not just those who use the most electricity.
It also shows that the dominance of US companies like MARA is no longer unchallenged. Global competition is alive... and well.
💬 Is IREN the new silent champion?
Leave your comment...
#Bitcoinmining #iren #MARA #BTC #CryptoNews $BTC
#IREN SURGES 11% – OUTMINES MARA IN JULY! 🔥
📊 Key Highlights:
⚒️ IREN mined 410 $BTC in July
⚡ Outperformed #MARA in output despite lower energy usage
📉 MARA mined 421 BTC but with higher operational costs
📈 IREN stock jumped 11% as investors took notice
🧠 More efficient = more attractive to smart money
💡 IREN is proving that efficiency wins in the Bitcoin mining race.
📊 Key Highlights:
⚒️ IREN mined 410 $BTC in July
⚡ Outperformed #MARA in output despite lower energy usage
📉 MARA mined 421 BTC but with higher operational costs
📈 IREN stock jumped 11% as investors took notice
🧠 More efficient = more attractive to smart money
💡 IREN is proving that efficiency wins in the Bitcoin mining race.
MARA mined 703 $BTC in July
Aslam mu alakum, and hello everyone how are you, hope you all will be happy and fine.
Today I share with you a small but important update from the crypto mining world.
📢 MARKET UPDATE: MARA (Marathon Digital Holdings), one of the biggest Bitcoin mining companies, has mined 703 BTC in July 2025. This number is just 1% less than what they mined in June.
📦 Total Holdings:
Right now, MARA is holding a total of 50,639 BTC. That is a huge amount, and it shows their strong belief in Bitcoin’s long-term value.
💭 What does this mean for the market?
✔️ When a big miner like MARA holds their Bitcoin and does not sell much, it gives positive signal to the market. It shows they think price will go up in future.
✔️ Less selling = less pressure on price = chance for Bitcoin price to stay strong.
✔️ Also, stable mining numbers show that network is working well after halving.
Even if mining reward is getting lower, companies like MARA are still strong and building big Bitcoin reserves. That’s a good sign for long-term holders.
Inshallah, if more companies hold like this, Bitcoin can get more strength in coming months.
#Bitcoin #BTC #MARA #CryptoNews #BitcoinMining #HODL #CryptoMarket #Investing $BTC
$CRV
Aslam mu alakum, and hello everyone how are you, hope you all will be happy and fine.
Today I share with you a small but important update from the crypto mining world.
📢 MARKET UPDATE: MARA (Marathon Digital Holdings), one of the biggest Bitcoin mining companies, has mined 703 BTC in July 2025. This number is just 1% less than what they mined in June.
📦 Total Holdings:
Right now, MARA is holding a total of 50,639 BTC. That is a huge amount, and it shows their strong belief in Bitcoin’s long-term value.
💭 What does this mean for the market?
✔️ When a big miner like MARA holds their Bitcoin and does not sell much, it gives positive signal to the market. It shows they think price will go up in future.
✔️ Less selling = less pressure on price = chance for Bitcoin price to stay strong.
✔️ Also, stable mining numbers show that network is working well after halving.
Even if mining reward is getting lower, companies like MARA are still strong and building big Bitcoin reserves. That’s a good sign for long-term holders.
Inshallah, if more companies hold like this, Bitcoin can get more strength in coming months.
#Bitcoin #BTC #MARA #CryptoNews #BitcoinMining #HODL #CryptoMarket #Investing $BTC
$CRV
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Marathon Digital is "missing out" on the AI wave, according to Compass Point
The Bitcoin mining company Marathon Digital (#MARA ) is receiving a "neutral" rating from analysts at Compass Point. Although the company reported record revenues and profits in Q2, its AI-focused strategy is seen as lacking specific evidence and difficult to evaluate.
Distinct strategy, potential risks
Marathon Digital, one of the largest Bitcoin mining companies, announced Q2 revenues of $238 million, a 64% increase compared to the same period last year. Net profit rose 505% to $808 million, largely thanks to the increase in the value of the Bitcoin it holds. The company currently owns nearly 50,000 BTC, valued at approximately $5.9 billion.
However, instead of adopting the popular model of other miners by leasing infrastructure to AI companies, Marathon has chosen to co-develop AI platforms with energy companies. Analysts at #CompassPoint believe this strategy is increasing operating and research costs, obscuring the company's actual profitability.
Additionally, Marathon aims to generate more than 50% of its revenue from international markets, especially through joint ventures with sovereign energy organizations. While this is a distinct strategy, it also carries certain risks. While competitors are immediately capitalizing on the wave of #AI , Marathon is following its own path, which could cause the company to "miss out" on opportunities in the short term.
The Bitcoin mining company Marathon Digital (#MARA ) is receiving a "neutral" rating from analysts at Compass Point. Although the company reported record revenues and profits in Q2, its AI-focused strategy is seen as lacking specific evidence and difficult to evaluate.
Distinct strategy, potential risks
Marathon Digital, one of the largest Bitcoin mining companies, announced Q2 revenues of $238 million, a 64% increase compared to the same period last year. Net profit rose 505% to $808 million, largely thanks to the increase in the value of the Bitcoin it holds. The company currently owns nearly 50,000 BTC, valued at approximately $5.9 billion.
However, instead of adopting the popular model of other miners by leasing infrastructure to AI companies, Marathon has chosen to co-develop AI platforms with energy companies. Analysts at #CompassPoint believe this strategy is increasing operating and research costs, obscuring the company's actual profitability.
Additionally, Marathon aims to generate more than 50% of its revenue from international markets, especially through joint ventures with sovereign energy organizations. While this is a distinct strategy, it also carries certain risks. While competitors are immediately capitalizing on the wave of #AI , Marathon is following its own path, which could cause the company to "miss out" on opportunities in the short term.
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The 'Eternal' Portrait of Donald Trump on the Bitcoin Blockchain: A Unique Fusion of Politics and Art
A portrait of President-elect Donald Trump has just been engraved on the Bitcoin blockchain, marking an interesting turning point in the relationship between politics and technology.
💡 Unique event from MARA
Bitcoin mining company
, listed on Nasdaq, has placed an image of Mr. Trump on block 879,613 on the Bitcoin blockchain. This is not just an ordinary picture, but a work created by arranging block data to depict Mr. Trump's image.
💡 Unique event from MARA
Bitcoin mining company
, listed on Nasdaq, has placed an image of Mr. Trump on block 879,613 on the Bitcoin blockchain. This is not just an ordinary picture, but a work created by arranging block data to depict Mr. Trump's image.
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