About Marathon
Marathon's Growth Strategy
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.
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.
Purchase the asset itself
For example, holding bitcoin directly in a wallet or with a custodian.
Buy into an ETF
For example, purchasing shares of Grayscale Bitcoin Trust.
OTC: GBTC
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.
Percent of global hash rate
5.8%
Daily bitcoin production
52.04 BTC
Daily bitcoin production cost
$4,986.32
Current price of bitcoin
$57,613.36
This is a hypothetical scenario and not a guarantee of results.