JPM's update leans on miners’ ability to convert power assets into long-term HPC revenue, with several expected to flip capacity by 2026.
With block rewards set to plunge, only miners with energy control or AI pivots are likely to survive, Thiel argues.
The bank kept its hold rating on the stock and trimmed its price target to $16 from $19.
MARA is deepening its shift from pure bitcoin mining toward energy ownership and AI-focused infrastructure, mirroring broader sector trends.
Arkham data shows bitcoin miner Marathon bought 150 BTC through its custodian Anchorage Digital as prices plunged, with fresh FalconX inflows hinting at continued institutional accumulation.
Rising bitcoin prices, improved efficiency, and heavy investment in high-performance computing fueled a strong second quarter for miners, the bank said.
Digital asset treasury companies won't have to pay taxes on their crypto holdings under new interim guidance.
Crypto stocks tumbled in pre-market trading as bitcoin and ether extended heavy overnight losses, fueling $1.6 billion in liquidations across derivatives exchanges.
Bitcoin mining is undergoing a profound shift by increasingly adopting alternative renewable energy sources. This trend has led to a remarkable change in the industry’s energy profile, with more than half of the network’s power now coming from sustainable sources. Why Renewable Energy Is Becoming A Strategic Edge For Miners In an X post, Natalie Brunell explained that Bitcoin mining is a unique process that consumes energy to secure the network, while ensuring its integrity and scarcity. Unlike traditional currencies that a central authority can print, Bitcoin’s supply is fixed. Related Reading: Bitcoin Mining Can’t Keep Up: Companies Buying At Quadruple Pace – Report The process of mining is the only way to introduce new Bitcoin into circulation, and it requires expanding real-world resources, specifically energy, to validate transactions and secure the network. This design makes the network inherently ethical and resistant to manipulation because no single entity controls the supply or has the power to create more Bitcoin. However, what makes Bitcoin mining particularly innovative is its flexible and location-agnostic nature. Miners are increasingly plugging into alternative and cheapest renewable energy sources such as wind, solar, and hydropower, which is often found in places with abundant underutilized or stranded renewable energy, such as East Texas. This flexibility allows Bitcoin miners to act as a crucial stabilizing force for the energy grid. Instead of staining the grid, they help to balance it. When the supply of renewable energy is high and demand is low, miners can soak up the excess power that would otherwise be wasted. Meanwhile, when demand from homes and businesses spikes, miners can shut down in seconds, instantly giving that power back to the grid. This makes them a valuable component of the energy sector, helping to make renewable energy more economically viable. Marathon’s Position Among Public Bitcoin Miners Marathon Digital Holdings (MARA) has delivered a strong performance, highlighting its strategic position as both a Bitcoin miner and a significant corporate holder of the asset. The company’s August report showcases its dual-engine strategy of mining and strategic purchasing. Related Reading: Bitcoin Eyes $150,000 As Binance Illiquid Supply Hits Record Highs In August, Marathon mined 705 BTC and also made a major move by purchasing an additional 1,133 BTC, actively adding to its treasury. The company’s energized hash rate now stands at an impressive 59.4 EH/s, holding 52,477 BTC in its balance sheet as of the end of August. This shows a proactive approach to accumulating Bitcoin, leveraging market conditions to strengthen its balance sheet. Following this strong August, Marathon mined another 82.6 BTC in September. This continued growth has expanded its Bitcoin treasury to nearly 52,560 BTC, cementing its status as one of the largest publicly traded holders of the digital asset. According to the company’s data, every common share of MARA is backed by $15.68 worth of BTC. Featured image from Getty Images, chart from Tradingview.com
The broker has an outperform rating on MARA stock with a $28 price target.
The bitcoin miner said the company posted its highest revenue quarter due to the average price of bitcoin surging 50% during the second quarter.
MARA Holdings holds roughly 50,000 BTC, valued at nearly $6 billion, ranking it as the second-largest bitcoin holder among public companies
MARA Holdings (MARA) looks to expand its crypto holdings and restructure existing debt
Strategic integration, proprietary mining pool, and rising hashrate fuel MARA’s standout May performance amid industry-wide difficulty spike.
The partnership builds on Two Prime's existing role in providing bitcoin-backed loans to MARA.
With rising energy cost, many miners may not survive the 2028 halving, MARA said.
The latest MinerMag report shows a slowdown in Bitcoin hashrate growth amid shifting market conditions.
Immortalizing Donald Trump on the Bitcoin network may seem like a gimmick, but it’s driven by real optimism about the future of crypto in the US.
Bitcoin holdings for public U.S.-listed companies have more than doubled since January 2024.
Marathon Digital (MARA) is one of the largest players in the Bitcoin mining space, and it has just unveiled a new approach to managing cost of operations. In a bid to ease financial pressures and generate returns, the company is lending 7,377 BTC, or about 16% of its deposit. This strategic play demonstrates how the […]
The bitcoin miner holds 44,893 BTC on its balance sheet, it said in a production report.
According to MARA, the mining company's Bitcoin holdings are now valued at $4.2 billion, assuming a price of $93,354 per BTC.
It’s beginning to look like a race as miners scramble to buy Bitcoin before the price keeps rallying.
Michael Saylor has raised $6 billion in convertible bonds, with $18 billion more to come. His strategy is unprecedented — here’s how it works.
CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds.
MARA's shares closed down 4.4% on the day after announcing it had purchased nearly 11,800 Bitcoin and boosted its hashrate to an industry record.
The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said.
Nasdaq-listed medical device manufacturer Semler Scientific has expanded its Bitcoin (BTC) holdings, acquiring an additional 303 BTC for $29.3 million. The company continues to double down on its MicroStrategy-inspired corporate treasury strategy. High Bitcoin Price Not A Barrier To Purchase Bitcoin made history this week by surpassing the $100,000 price level for the first time, […]
The Bitcoin miner will save energy and money by using excess wind power and recycled ASICs at its newly purchased facility in Texas.
MARA Holdings urged the US government to be more aggressive in securing positions in Bitcoin and Bitcoin mining.