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Marathon Digital | 8-K: Marathon Digital Announces the Closing of its Acquisition of Bitcoin Mining Sites

Marathon Digital | 8-K:Marathon Digital宣佈完成對Bitcoin Mining Sites收購

SEC announcement ·  01/16 00:00
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On January 16, 2024, Marathon Digital Holdings, Inc. (Marathon) announced the completion of its acquisition of GC Data Center Equity Holdings, LLC through its subsidiary, MARA USA Corporation. The acquisition, which was finalized according to the terms of the Purchase and Sale Agreement dated December 15, 2023, adds two operational Bitcoin mining sites to Marathon's portfolio, increasing its total capacity to approximately 910 megawatts. Fred Thiel, Marathon's CEO, highlighted the transition to a more sophisticated organization with a diversified portfolio of mining assets. CFO Salman Khan emphasized the transaction's alignment with Marathon's strategic goals and its strong balance sheet. The acquisition is expected to reduce bitcoin production costs and scale operations to 50 exahashes of capacity over the next 18-24 months. The press release was attached as Exhibit 99.1 to Marathon's Current Report on Form 8-K filed with the SEC.
On January 16, 2024, Marathon Digital Holdings, Inc. (Marathon) announced the completion of its acquisition of GC Data Center Equity Holdings, LLC through its subsidiary, MARA USA Corporation. The acquisition, which was finalized according to the terms of the Purchase and Sale Agreement dated December 15, 2023, adds two operational Bitcoin mining sites to Marathon's portfolio, increasing its total capacity to approximately 910 megawatts. Fred Thiel, Marathon's CEO, highlighted the transition to a more sophisticated organization with a diversified portfolio of mining assets. CFO Salman Khan emphasized the transaction's alignment with Marathon's strategic goals and its strong balance sheet. The acquisition is expected to reduce bitcoin production costs and scale operations to 50 exahashes of capacity over the next 18-24 months. The press release was attached as Exhibit 99.1 to Marathon's Current Report on Form 8-K filed with the SEC.
2024年1月16日,馬拉松數字控股有限公司(馬拉松)宣佈通過其子公司MARA美國公司完成對GC數據中心股票控股有限責任公司的收購。此次收購是根據2023年12月15日的《買賣協議》的條款完成的,在馬拉松的投資組合中增加了兩個正在運營的比特幣採礦場,將其總容量增加到約910兆瓦。馬拉松首席執行官弗雷德·泰爾強調了向擁有多元化礦業資產組合的更復雜組織的過渡。首席財務官薩爾曼·汗強調該交易符合馬拉松的戰略目標及其強勁的資產負債表。此次收購預計將在未來18-24個月內降低比特幣生產成本並將運營規模擴大到50 exahashashes。該新聞稿作爲附錄99.1附在馬拉松向美國證券交易委員會提交的關於8-K表的最新報告中。
2024年1月16日,馬拉松數字控股有限公司(馬拉松)宣佈通過其子公司MARA美國公司完成對GC數據中心股票控股有限責任公司的收購。此次收購是根據2023年12月15日的《買賣協議》的條款完成的,在馬拉松的投資組合中增加了兩個正在運營的比特幣採礦場,將其總容量增加到約910兆瓦。馬拉松首席執行官弗雷德·泰爾強調了向擁有多元化礦業資產組合的更復雜組織的過渡。首席財務官薩爾曼·汗強調該交易符合馬拉松的戰略目標及其強勁的資產負債表。此次收購預計將在未來18-24個月內降低比特幣生產成本並將運營規模擴大到50 exahashashes。該新聞稿作爲附錄99.1附在馬拉松向美國證券交易委員會提交的關於8-K表的最新報告中。
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