What does marathon digital holdings stand for?

The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las V... [Read more]

What is marathon (Mara)?

Marathon is a digital asset technology company that mines cryptocurrencies, focusing on the blockchain ecosystem and the generation of digital assets. The company started out in 2010 as Marathon Patent Group, when it began collecting patents related to encryption. MARA stock began trading in 2013.

How many Bitcoins does marathon hold?

Marathon held 126 Bitcoins at the end of 2020. This March, it bought another 4,813 Bitcoins at an average price of $31,168 each. It continued to expand its mining fleet to 31,000 active miners at the end of November, and its total Bitcoin holdings hit 7,649.1 for a market value of $437.4 million at the end of the month.

Why is blockchain important?

It’s secure data. Second, it’s a digital log or digital database of transactions. Digital’s important because, in many industries, we’re still going through the process of digitization, and that’s an important first step before you can even think about using blockchain.