Catenaa, Sunday, March 23, 2025-Bernstein analysts have slashed their 2025 price targets for major Bitcoin miners, citing sharp underperformance relative to the cryptocurrency itself.  In a Thursday note, analysts led by Gautam Chhugani highlighted a steep decline in miner stocks, with IREN, CleanSpark, and Riot Platforms dropping between 20-40% this year, while Bitcoin has fallen […]

Catenaa, Friday, May 09, 2025-Bitcoin mining firms Marathon Digital Holdings and CleanSpark reported sharp increases in first-quarter revenues but posted deep net losses, as both companies navigated high costs despite Bitcoin topping $100,000. MARA’s revenue rose 30% to $214 million from the prior year, while CleanSpark saw a 63% jump to $182 million. Yet, MARA […]

Catenaa, Sunday, April 06, 2025-MARA Holdings, the largest publicly traded bitcoin miner, is launching a $2 billion stock offering to expand its bitcoin holdings and fund operations.  The company filed its prospectus with the SEC, stating that proceeds will support “general corporate purposes,” including additional BTC acquisitions. MARA currently holds 46,374 BTC, worth about $3.8 […]

Catenaa, Thursday, February 27, 2025-Bitcoin miner MARA Holdings, formerly Marathon Digital, reported a 69% increase in full-year revenue to $656.4 million , with fourth-quarter sales of $214.4 million, exceeding expectations. Despite the revenue surge, MARA’s annual bitcoin production fell 27% to 9,430 BTC. The company holds 44,893 bitcoin as of Dec. 31, 2024, and achieved […]