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Marathon Digital Holdings Reports Resilient Q1 2023, Despite Bitcoin Price Fluctuations Ultramining 17 May 2023

Marathon Digital Holdings Reports Resilient Q1 2023, Despite Bitcoin Price Fluctuations

Marathon Digital Holdings reports a resilient Q1 2023, detailing a net loss improvement, increased Bitcoin production, and growth in operational hash rate, despite facing a fluctuating Bitcoin market and minor drops in revenue. CEO Fred Thiel emphasizes the company's growth and strategic progress, including a healthier cash position, debt reduction, and more Bitcoin holdings.

Source: ultramining.com ↗