Commentary on Marathon Digital Holding's Q2'22 Earnings

Mined 707 BTC, +8% YoY and QoQ from 655 BTC and 1,259 BTC respectively10,055 BTC current holdings, reflecting ~$199mm as of this writingChallenging quarter as energy prices increased due to Russia’s invasion of Ukraine and Bitcoin’s price tumbled from November 2021 all-time highs

In addition to macro headwinds, Marathon faced downtime, maintenance and regulatory setbacks in Q2’22Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

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