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On January 16, 2024, Marathon Digital Holdings, Inc. (Marathon) announced the completion of its acquisition of GC Data Center Equity Holdings, LLC through its subsidiary, MARA USA Corporation. The acquisition, which was finalized according to the terms of the Purchase and Sale Agreement dated December 15, 2023, adds two operational Bitcoin mining sites to Marathon's portfolio, increasing its total capacity to approximately 910 megawatts. Fred Thiel, Marathon's CEO, highlighted the transition to a more sophisticated organization with a diversified portfolio of mining assets. CFO Salman Khan emphasized the transaction's alignment with Marathon's strategic goals and its strong balance sheet. The acquisition is expected to reduce bitcoin production costs and scale operations to 50 exahashes of capacity over the next 18-24 months. The press release was attached as Exhibit 99.1 to Marathon's Current Report on Form 8-K filed with the SEC.
On January 16, 2024, Marathon Digital Holdings, Inc. (Marathon) announced the completion of its acquisition of GC Data Center Equity Holdings, LLC through its subsidiary, MARA USA Corporation. The acquisition, which was finalized according to the terms of the Purchase and Sale Agreement dated December 15, 2023, adds two operational Bitcoin mining sites to Marathon's portfolio, increasing its total capacity to approximately 910 megawatts. Fred Thiel, Marathon's CEO, highlighted the transition to a more sophisticated organization with a diversified portfolio of mining assets. CFO Salman Khan emphasized the transaction's alignment with Marathon's strategic goals and its strong balance sheet. The acquisition is expected to reduce bitcoin production costs and scale operations to 50 exahashes of capacity over the next 18-24 months. The press release was attached as Exhibit 99.1 to Marathon's Current Report on Form 8-K filed with the SEC.
2024年1月16日，马拉松数字控股有限公司（马拉松）宣布通过其子公司MARA美国公司完成对GC数据中心股票控股有限责任公司的收购。此次收购是根据2023年12月15日的《买卖协议》的条款完成的，在马拉松的投资组合中增加了两个正在运营的比特币采矿场，将其总容量增加到约910兆瓦。马拉松首席执行官弗雷德·泰尔强调了向拥有多元化矿业资产组合的更复杂组织的过渡。首席财务官萨尔曼·汗强调该交易符合马拉松的战略目标及其强劲的资产负债表。此次收购预计将在未来18-24个月内降低比特币生产成本并将运营规模扩大到50 exahashashes。该新闻稿作为附录99.1附在马拉松向美国证券交易委员会提交的关于8-K表的最新报告中。
2024年1月16日，马拉松数字控股有限公司（马拉松）宣布通过其子公司MARA美国公司完成对GC数据中心股票控股有限责任公司的收购。此次收购是根据2023年12月15日的《买卖协议》的条款完成的，在马拉松的投资组合中增加了两个正在运营的比特币采矿场，将其总容量增加到约910兆瓦。马拉松首席执行官弗雷德·泰尔强调了向拥有多元化矿业资产组合的更复杂组织的过渡。首席财务官萨尔曼·汗强调该交易符合马拉松的战略目标及其强劲的资产负债表。此次收购预计将在未来18-24个月内降低比特币生产成本并将运营规模扩大到50 exahashashes。该新闻稿作为附录99.1附在马拉松向美国证券交易委员会提交的关于8-K表的最新报告中。
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