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Marathon Digital Holdings acquires two Bitcoin mines for $179M

Marathon Digital Holdings acquires two Bitcoin mines for $179M


CryptoNewsZ
2023-12-20 10:46:26

Marathon Digital Holdings recently signed a definitive purchase agreement with Generate Capital’s subsidiaries. The agreement will allow Marathon Digital Holdings to acquire two operating Bitcoin mining sites. Based on the terms, Marathon will pay 178.6 million dollars for sites totaling 390 megawatts of capacity. In other words, Marathon is paying 458,000 dollars per megawatt for …


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