Marathon Digital Increases 2024 Hash Rate Target to 50 Exahash

April 25, 2024, 8:36 PM UTC

Increases year-end hash rate target to 50 EH/s from 35-37 EH/s.

  • The new target represents approximately 100% growth in hash rate during 2024 and is fully funded based on Marathon’s current liquidity position
  • Shares rose 2.1% in post-market trading

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Sunil Kesur at skesur@bloomberg.net

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