Marathon(MARA) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Marathon Digital Holdings Reports First Quarter 2024 Results – Revenues Increase 223% to a Record $165.2 Million – Net Income Increases 184% to a Record$ 337.2 Million, or $1.26 per Diluted Share – Adjusted EBITDA Increases 266% to a Record$ 528.8 Million Fort Lauderdale, FL – May 9, 2024 – Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), global leader in leveraging digital asset compute to support the energy transformation, reported its financial and operational results ...