Summary by Moomoo AI
Marathon Digital Holdings reported a BTC Yield of 12.3% from October 1 to December 9, 2024, and 47.6% year-to-date. The company's total Bitcoin holdings increased to 40,435 as of December 9, 2024, up from 15,174 at the end of 2023.BTC Yield, a key performance indicator, represents the percentage change in the ratio between the company's bitcoin holdings and its Assumed Fully Diluted Shares Outstanding. This metric is used to assess the performance of Marathon's bitcoin acquisition and HODL strategy. The Assumed Fully Diluted Shares Outstanding increased to 460,260,000 as of December 9, 2024, from 254,888,000 at the end of 2023.Marathon Digital emphasizes that BTC Yield has limitations and should not be considered a traditional financial yield measure. It does not account for debt, liabilities, or the source of capital used for bitcoin acquisition. The company advises investors to rely on financial statements and SEC filings for a comprehensive understanding of its financial position.
