Home Trending Stocks Why are Marathon Patent Company, Inc. (NASDAQ: MARA) shares peaking in the...

Why are Marathon Patent Company, Inc. (NASDAQ: MARA) shares peaking in the pre-market?

Marathon Patent Company, Inc. (NASDAQ: MARA) shares jumped in the early morning session as it goes up 12.42% to $5.36 after the company recently signed a 10,000 Antminer S-19j Pro ASIC Miners acquisition deal with Bitmain.

Marathon will receive an initial set of 6,000 S-19j Pro Miners in August 2021, under the terms of the settlement. In September 2021, the remaining 4000 miners will be delivered.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Once all of the acquired miners from Marathon are shipped and fully installed, the mining inventory of the Company will comprise 33,560 state-of-the-art ASIC miners, producing 3.56 EH/s. As a result, roughly 100 MWs of electricity will be used by the company, the highest amount available at the data center of the company in Hardin, MT.

The organization is partnering with its energy affiliate, Beowulf Energy, to open a clean energy data center in the northeastern United States to begin enhancing its operations. Originally, this plant would have an extra 100 MW of power for the Marathon and has the capacity to expand to 250 MW of power.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Why Did The CMCL Stock Rise By 8% In Last Trading?

Caledonia Mining Corporation Plc (NYSE: CMCL) gained 8.91% during the trading session on Thursday. The share price reached a low of $13.70 and a...

Why Progyny Inc (PGNY) stock gained on Thursday, April 15?

Progyny Inc (PGNY) stock gained 7.31% in the after-hours session on Thursday, April 15, 2021, after it gained 0.94% in the early session.  PGNY...

Here is Dolphin Entertainment Inc (DLPN) stock turnaround on Thursday, April 15, 2021

Dolphin Entertainment Inc (DLPN) stock was facing negativity in the normal trading session on Thursday, April 15, 2021. It lost 8.05% in the morning...

Why Is TAOP Stock Increasing Today?

Taoping Inc. (NASDAQ: TAOP) is rising on the charts today with a gain of 18.04% to trade at $7.33 at last check-in early trading. Yesterday,...

Is VIZSF Stock Price Up This Past Session?

At the previous close, shares of Vizsla Silver Corp. (OTCQB: VIZSF) were up 8.41% to $1.41. A total of 201,300 shares of Vizsla Silver...

How Did The KXIN Stock Rise In The Last Session?

On Thursday, more than 15.02 million shares of Kaixin Auto Holdings (NASDAQ: KXIN) were traded, and the closing share price was $2.56, an increase...

Why Did The CMCL Stock Rise By 8% In Last Trading?

Caledonia Mining Corporation Plc (NYSE: CMCL) gained 8.91% during the trading session on Thursday. The share price reached a low of $13.70 and a...

What Led The AKUS Stock To Increase On Thursday?

In its Thursday trading session, Akouos Inc. (NASDAQ: AKUS) rose by 8.08%, or $1.16, compared with its previous market close price. The lowest price...

Related News

Why Did The CMCL Stock Rise By 8% In Last Trading?

Caledonia Mining Corporation Plc (NYSE: CMCL) gained 8.91% during the trading session on Thursday. The share price reached a low of $13.70 and a...

Why Progyny Inc (PGNY) stock gained on Thursday, April 15?

Progyny Inc (PGNY) stock gained 7.31% in the after-hours session on Thursday, April 15, 2021, after it gained 0.94% in the early session.  PGNY...

Here is Dolphin Entertainment Inc (DLPN) stock turnaround on Thursday, April 15, 2021

Dolphin Entertainment Inc (DLPN) stock was facing negativity in the normal trading session on Thursday, April 15, 2021. It lost 8.05% in the morning...

Why Is TAOP Stock Increasing Today?

Taoping Inc. (NASDAQ: TAOP) is rising on the charts today with a gain of 18.04% to trade at $7.33 at last check-in early trading. Yesterday,...

Is VIZSF Stock Price Up This Past Session?

At the previous close, shares of Vizsla Silver Corp. (OTCQB: VIZSF) were up 8.41% to $1.41. A total of 201,300 shares of Vizsla Silver...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.