Marathon Digital Holdings Reports December Performance With Increased Hashrate

According to Odaily, Marathon Digital Holdings, a publicly listed Bitcoin mining company, has released its performance report for December. The report highlights a 15% increase in its operational hashrate, reaching 53.2 EH/s. In December, the company mined 890 BTC, contributing to its total Bitcoin holdings of 44,893 BTC. Additionally, Marathon has loaned out 7,377 BTC, generating extra returns. The company has purchased a total of 22,065 BTC at an average price of $87,205. For the year 2024, Marathon's mining output reached 9,457 BTC, with an annual Bitcoin yield of 62.7%.