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Marathon Digital acquires multiple Bitcoin mining farms for approximately $179 million

Marathon Digital acquires multiple Bitcoin mining farms for approximately $179 million

CointimeCointime2023/12/19 13:53
By:Cointime

Marathon Digital Holdings, Inc. has reached a final acquisition agreement with Generate Capital and a subsidiary of PBC to acquire two currently operational Bitcoin mining facilities with a total capacity of 390 megawatts for a total of $178.6 million, which will be paid in cash from Marathon's balance sheet.

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