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 I had a feeling earnings would be good, but I jumped in a tax early. The Nav Premium is 1.09 - which is insanely low on this name, considering it makes so much profit

Marathon Digital ($MARA) Q4 2024 Earnings Recap

📊 Financial Highlights:

✅ Revenue: $214.4M (+37% YoY) 📈

✅ Net Income: $528.3M (+248% YoY) 💵

✅ Adjusted EBITDA: $794.4M (+207% YoY) 🏆

✅ Bitcoin Holdings: 44,893 BTC (~$4.6B) 🏦

✅ BTC Yield Per Share: 62% 🔥

⛏️ Operational Strength:

Bitcoin Mined: 2,492 BTC in Q4, 9,430 BTC for the full year

Energized Hashrate: 53.2 EH/s (+115% YoY) 💪

Blocks Won: 703 in Q4 (+25% YoY)

Direct Energy Cost per BTC: $28,801 ⚡

🔋 Strategic Expansion & AI Potential:

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Ryan Randels

At a web3 conference. There was a top level manager from Mara on a panel. He mentioned Mara just hired two board members who have extensive experience in AI. The hoodwink was that Mara was pivoting into AI HPC. Assuming this is knowledge among this community but an interesting pivot

Marc Shamali

If you can’t handle a 20% pull back on bitcoin then you probably should not be invested in it