About Marathon

Marathon Digital Holdings is building the largest bitcoin mining operation in North America at one of the lowest energy costs.

Marathon's Growth Strategy

  • Illustration of an electric spark on top of a chart with rising figures.

    Improve Bitcoin production by increasing hashrate

    As Marathon continues to deploy more powerful miners, we increase our hashrate, and therefore our probability of earning bitcoin.

  • Illustration of a shield with a Bitcoin logo, with volatility graphs in the background.

    Continue to “de-risk” the business by becoming more resilient to potential declines in price of BTC

    By mining our own bitcoin, we are able to acquire bitcoin at a lower cost, resulting in higher profits and mitigated risks to the business from bitcoin price fluctuation.

Why Bitcoin?

Bitcoin is a technology whose time has come. See how adoption is accelerating:

October 2020

Paul Tudor Jones

“I like bitcoin even more now than I did then. I think we are in the first inning of bitcoin, and it’s got a long way to go.”

October 2020

PayPal

PayPal launches new service allowing users to buy, hold, and sell cryptocurrency, enabling cryptocurrency as a funding source for digital commerce at its 26 million merchants.

October 2020

Square

Square, Inc. invests $50 Million in bitcoin.

Investing in bitcoin

Similar to other assets, there are a variety of ways you can add exposure to bitcoin to your investment portfolio.

The Bitcoin logo

Purchase the asset itself

For example, holding bitcoin directly in a wallet or with a custodian.

The Grayscale logo

Buy into an ETF

For example, purchasing shares of Grayscale Bitcoin Trust.

OTC: GBTC

The Marathon logo

Invest in a producer

For example, investing in Marathon Digital Holdings.

NASDAQ: MARA

Scaling as Bitcoin Appreciates

Estimate of daily bitcoin production

At full capacity with 103,120 miners, Marathon anticipates producing around 10.37 Eh of the global hash rate. Based on the current network hash rate, if all of Marathon's miners were deployed today, this is an approximation of what Marathon's daily production would be.

A chart depicting Marathon's hash rate growth from June 2021 until February 2022.

Our Hash Rate
 

2.09 EH/s

Our Percent of Network Hash Rate

1.6%

Percent of Network Hash Rate if Fully Deployed

8.8%

This is a hypothetical scenario and not a guarantee of results. "Our hash rate" is Marathon's average hash rate from the previous month. "Our Percent of Network Hash Rate" is calculated based on the average network hash rate in the previous month. "Our Percent of Network Hash Rate" is an estimate of Marathon's percent of network hash rate if all our miners were fully deployed in the previous month.

Learn more about Marathon Digital Holdings at our Investor Relations Portal