Energized Hash Rate Increased 14% to 40.2 EH/s
717 Bitcoin Produced in October, 2% Increase M/M
Transaction Fees Accounted for 5% of Total Bitcoin Produced

Fort Lauderdale, FL, Oct. 15, 2024 (GLOBE NEWSWIRE) -- MARA (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today announced that it has secured a $200 million line of credit, collateralized by a portion of its bitcoin holdings. MARA may use the funds to capitalize on strategic opportunities and for other general corporate purposes.

Energized Hash Rate Increased 5% to 36.9 EH/s
207 Blocks Won in September, 6% Increase M/M
Increased BTC Holdings to 26,842 BTC

Energized Hash Rate Increases 11% M/M to 35.2 EH/s
196 Blocks Won in August, 2% Decrease M/M
Increased BTC Holdings to 25,945 BTC

Fort Lauderdale, FL, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a global leader in leveraging digital asset compute to support the energy transformation, today announced the closing of its offering of 2.125% convertible senior notes due 2031 (the “notes”). The aggregate principal amount of the notes sold in the offering was $300 million, which includes $50 million aggregate principal amount of notes issued pursuant to an option to purchase, within a 13-day period beginning on, and including, the date on which the notes were first issued, granted to the initial purchasers under the purchase agreement, which the initial purchasers exercised in full on August 13, 2024 and which additional purchase was completed on August 14, 2024. The notes were sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

Proceeds to be used primarily to acquire bitcoin and for general corporate purposes

201 Blocks Won in July, 27% Increase M/M
BTC Production of 692 BTC, 17% Increase M/M
Increased BTC Holdings to 20,818 BTC; Total Cash and BTC of $1.6B as of July 31, 2024

MARA Updates Treasury Policy to HODL All Bitcoin; Current Bitcoin Holdings Surpass 20,000 BTC

Earnings Webcast and Conference Call Set for Thursday, August 1, 2024 at 5:00 p.m. ET

Average Operational Hash Rate Increases 2% M/M to 26.3 EH/s
Increased BTC Holdings to 18,536 BTC; Total Cash and BTC of $1.4 B as of June 30, 2024