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Marathon Digital to acquire Bitcoin mining sites for $179 million

Posted on 12/20/2023

Marathon Digital to acquire Bitcoin mining sites for $179 million

Marathon Digital will pay $179 million to acquire two Bitcoin mining sites with 390 megawatts of capacity from Generate Capital. MARA stock surged by 9% after the news, bringing year-to-date gains to over 530%. Bitcoin was trading above $42k, up 2.2% in the past week after paring recent gains. Bitcoin mining firm Marathon Digital is […]

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