Bitcoin mining company Marathon Digital reported improved quarterly earnings, with a profit of 35 cents per share compared to a loss of 62 cents per share in the same quarter last year. The company also announced plans to reach 26 exahash by the end of 2023 and expects a 30% increase in its hash rate in 2024. Following the report, Marathon Digital’s stock gained momentum, driven by the rise of Bitcoin in the broader cryptocurrency market.
AI Sentiment: Positive
