Marathon Digital Holdings Inc (NASDAQ:MARA) shares are bouncing around in early trading. The company on Wednesday announced a Bitcoin (CRYPTO: BTC) production and mining operations update.
What Happened: Marathon Digital mined 673 Bitcoin in August, down 3% from July. The company’s total Bitcoin holdings were 25,945 at the end of the month after opting not to sell any Bitcoin during the period.
Marathon said its energized hash rate increased 11% month-over-month to 35.2 EH/s in August. The company also highlighted that it mined its 4,000th block last month.
Marathon said it remains on track to reach …
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