Marathon Digital is now one of the largest Bitcoin mining companies and the biggest Bitcoin holder among publicly traded companies in North America. The company’s business model involves self-operating Bitcoin mining, using purchased mining machines, and deploying mining farms to hold cryptocurrency. This makes its revenue closely linked to Bitcoin prices, risking insolvency during bear markets. By continually buying Bitcoin, Marathon not only strengthens its balance sheet but also creates a safety cushion against future market volatility. This strategy shows its strong belief in Bitcoin's long-term value growth, providing stable income even in downturns. Additionally, mining Kaspa diversifies its revenue stream and enhances its core competitiveness in digital asset computation. Marathon demonstrates its leadership and vision in the mining industry through asset accumulation, technological innovation, ecosystem development, and energy efficiency management.
8/8/2024, 9:19:26 AM
Explore how ChainOpera combines blockchain and AI technologies, integrating resources such as data, computing power, and models to break through the monopoly of Web2 companies. It provides a fair incentive mechanism and data privacy protection, creating a diverse and open AI application ecosystem.
1/23/2025, 1:17:46 AM
Many blockchain concept stock companies are experiencing strong growth, gaining significant attention and investment in the market. By incorporating blockchain technology, these companies have driven digital transformation and value creation, gradually becoming key players in the industry. We have closely monitored several stocks in this field and observed their increasingly impressive performance in the capital markets. With blockchain driving innovation, they are expected to see even greater development
12/17/2024, 6:06:01 AM