Marathon Digital Holdings, a Bitcoin mining company, has entered into an agreement to acquire two Bitcoin mining farms with a combined capacity of 390 MW. These mining farms are currently operated by a subsidiary of Generate Capital. The acquisition is valued at $178.6 million and will be paid in cash.
This acquisition represents a significant expansion of Marathon Digital Holdings' mining operations, allowing them to increase their Bitcoin mining capacity substantially. It reflects the ongoing growth and investment in the Bitcoin mining industry as companies seek to secure more mining infrastructure and resources. 🌐💰 #MarathonDigitalHoldings #BitcoinMining #CryptoMining #Bitcoin