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Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1

By Mike Dalton at 2026-05-06 03:01

Sentiment: Positive

Marathon Digital Holdings reported quarterly results for its cryptocurrency mining operations on May 10. Fried Thiel, chairman and CEO of Marathon, said: “After weathering a tumultuous 2022 … this year is off to a strong start as we grew our hash rate, reduced our cost to mine, and improved our balance sheet during the first […] The post Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1 appeared first on CryptoSlate. Continue reading...

Categories: Earnings

Tags: #Earnings #Mining

Source CryptoSlate