Marathon Digital

About

Marathon is a digital asset technology company that mines cryptocurrencies and focuses on securing and supporting the Bitcoin ecosystem.

Las Vegas,Nevada,United States
https://marathondh.com

Highlights

Details

Last Funding Type: Post-IPO Debt
Last Funding Money Raised: $100M
Industries: Bitcoin,Blockchain,Cryptocurrency,FinTech
Founded date: Jan 1, 2013
Operating Status: Active
Stock Symbol: nasdaq:MARA
Legal Name: Marathon Digital Holdings, Inc.
Also Known As: Marathon Digital Holdings,Marathon,Mara

Marathon is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. Marathon Digital Holdings aims to build the largest mining operation in North America at one of the lowest energy costs. Marathon helps its customers gain exposure to Bitcoin in your portfolio without having to deal with the complications of holding the asset directly.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$720M

Marathon Digital has raised a total of $720M in funding over 2 rounds. Their latest funding was raised on Aug 1, 2022 from a Post-IPO Debt round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Aug 1, 2022	Post-IPO Debt	$100M	1	Silvergate Bank	—	Detail
Nov 15, 2021	Post-IPO Equity	$500M	—	—	—	Detail
Oct 4, 2021	Post-IPO Debt	$100M	1	Silvergate Bank	—	Detail
Jul 22, 2021	Post-IPO Equity	$20M	—	—	—	Detail
Feb 9, 2012	IPO	—	—	—	—	Detail