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Top 6 Cryptocurrency Stocks of June 2024 – Forbes Advisor
Marathon Digital is a digital asset technology company and one of the largest and most valuable pure-play companies Bitcoin mining actions out there. In fact, given the doldrums that the cryptocurrency and blockchain industries have faced throughout 2022, MARA is the only pure-play Bitcoin included on this list.
The company’s fleet of over 105,000 Bitcoin miners mined a record 2,195 BTC coins in the first quarter of 2023. At the same time, Marathon held a total of 11,466 Bitcoins, worth approximately $326 million.
On April 3, 2023 Press releaseFred Thiel, president and CEO of Marathon, said: “Given the operational and financial improvements we made during the first quarter, we remain optimistic that we can achieve our primary growth objectives and establish Marathon as a leading mining company Bigger, more energy efficient Bitcoins.” operations globally”.