Marathon Digital misses Q1 estimates on bad weather, utility failures
As a researcher with experience in the Bitcoin mining industry, I find Marathon Digital’s Q1 2024 results intriguing. The company’s revenues increased by 223% year-on-year, but it missed analyst estimates due to unexpected equipment failures and weather-related curtailments. As a researcher studying the financial performance of Bitcoin (BTC) mining companies, I came across Marathon Digital’s … Read more