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MARA Purchases $100 Million of Bitcoin
GlobeNewswire News Room· 2024-07-25 12:05
This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words "may," "will," "could," "anticipate," "expect," "intend," "believe," "continue," "target" and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all forward-looking statements contain these identify ...
MARA Purchases $100 Million of Bitcoin
Newsfilter· 2024-07-25 12:05
"Adopting a full HODL strategy reflects our confidence in the long-term value of bitcoin," said Fred Thiel, MARA's chairman and CEO. "We believe bitcoin is the world's best treasury reserve asset and support the idea of sovereign wealth funds holding it. We encourage governments and corporations to all hold bitcoin as a reserve asset." Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking s ...
Trump Gold Rush: 3 Stocks to Buy for a ‘Red' Victory in November
Investor Place· 2024-07-25 11:30
With only four months before the presidential election, President Joe Biden has dropped out, endorsing Vice President Kamala Harris for president. However, with the odds favoring a second term for Donald Trump, it's time to buy Trump victory stocks. Cryptocurrencies could also do well, especially with Trump's pro-crypto running mate, Senator J.D. Vance. Plus, Trump is also bullish on cryptocurrencies, referring to himself as pro-crypto. That being said, here are a few top stocks that you may want to buy and ...
MARA Schedules Conference Call for Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-07-18 12:05
Earnings Webcast and Conference Call Set for Thursday, August 1, 2024 at 5:00 p.m. ET To register to participate in the conference call or to listen to the live audio webcast, please use this link. The webcast will also be broadcast live and available for replay via the investor relations section of the Company's website. Earnings Webcast and Conference Call Details Date: Thursday, August 1, 2024 Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time) Registration link: LINK About MARA For more information, v ...
If You'd Invested $1,000 in Marathon Digital Holdings Stock 5 Years Ago, Here's How Much You'd Have Today
The Motley Fool· 2024-07-18 11:07
What if you had invested $1,000 in Marathon Digital in the summer of 2019? Here's what you'd have today. The company now known as Marathon Digital Holdings (MARA -4.38%) wasn't always a powerhouse of Bitcoin (BTC -0.06%) production. By the summer of 2019, it had dipped its first toe into the Bitcoin-mining waters, but its core business still consisted of monetizing a portfolio of acquired patents and other intellectual property. With a total market value of $22 million, Marathon's stock teetered on the edge ...
Marathon Digital Holdings, Inc. (MARA) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-07-10 22:56
Investors will be eagerly watching for the performance of Marathon Digital Holdings, Inc. in its upcoming earnings disclosure. The company is forecasted to report an EPS of -$0.18, showcasing a 38.46% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $168.47 million, up 106.06% from the prior-year quarter. The Technology Services industry is part of the Business Services sector. This industry, currently bearing a Zacks Indu ...
3 Under-$30 Growth Stocks to Buy for 3-Bagger Returns by 2026
Investor Place· 2024-06-28 11:00
Back in 2021, growth stocks had skyrocketed. One reason for the rally was easy money policies and as interest rates increased, growth readjustments translated into correction for some of the best growth stocks. However, with the likelihood of multiple interest rate cuts in the next 12 to 24 months, I am bullish on another big rally for growth stocks. The focus of this column is on under-$30 growth stocks to buy that can deliver 3-bagger returns in 24 months. The first two stocks discussed in the column repr ...
Marathon Digital Holdings Announces Kaspa Mining Operations
Newsfilter· 2024-06-26 20:05
Fort Lauderdale, FL, June 26, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today announced that the Company is mining Kaspa (KAS), a proof-of-work (PoW) digital asset, to further diversify its portfolio of digital asset compute. Similar to Bitcoin, Kaspa is an open-source, decentralized, and fully scalable Layer-1 protocol that uses proofof-work as its consensus mech ...
MARA, CLSK, RIOT stocks at risk as Bitcoin forms a risky pattern
Invezz· 2024-06-25 08:09
Bitcoin has formed a risky pattern Sadly, there are signs that Bitcoin will continue falling in the coming weeks. As shown above, the coin has crashed below the 50-day and 100-day Exponential Moving Averages (EMA), meaning that bears are gaining control. At the same time, Bitcoin has formed a triple-top pattern at $72,000 and whose neckline is at $56,463. In most periods, this is one of the most bearish signs in the market. Its bearish outlook will be confirmed if the price moves below the neckline at $56,4 ...
Marathon Digital Holdings, Inc. (MARA) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-06-20 22:55
The investment community will be closely monitoring the performance of Marathon Digital Holdings, Inc. in its forthcoming earnings report. The company is forecasted to report an EPS of -$0.18, showcasing a 38.46% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $168.47 million, reflecting a 106.06% rise from the equivalent quarter last year. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell) ...