Summary by Moomoo AI
Marathon Digital Holdings announced its Bitcoin (BTC) Yield performance for Q4 and full-year 2024. From October 1 to December 18, 2024, the company's BTC Yield was 22.5%, while the year-to-date figure reached 60.9%. 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.As of December 18, 2024, Marathon's total Bitcoin holdings increased to 44,394 BTC, up from 26,747 BTC on September 30, 2024. The company's Assumed Fully Diluted Shares Outstanding rose to 463,400,000 from 341,932,000 in the same period, primarily due to the issuance of convertible shares and equity awards.Marathon uses BTC Yield to assess its bitcoin acquisition and HODL strategy, aiming to demonstrate accretive use of equity capital for shareholders. However, the company cautions that this metric has limitations and should not be considered a comprehensive measure of financial performance or shareholder returns.
