Bitcoin Miner Marathon Digital Misses Revenue Expectations Due to Production Setbacks

Bitcoin Miner Marathon Digital Misses Revenue Expectations Due to Production Setbacks

Marathon Digital, a Bitcoin mining company, fell short of revenue expectations set by Wall Street analysts in the first quarter 2024 report. The firm cited adverse weather conditions and equipment malfunctions as contributing…

Bitcoin ETF approval nearing, but brace for more setbacks — BitGo CEO

Bitcoin ETF approval nearing, but brace for more setbacks — BitGo CEO

Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning toward a favorable outcome for a spot Bitcoin (BTC) exchange-traded fund (ETF). However, he emphasized that the journey ahead…

Bear Market Setbacks Have Left Bitcoin Miners Behind Their Gold Counterparts

Bear Market Setbacks Have Left Bitcoin Miners Behind Their Gold Counterparts

Digital gold mining companies suffered harsher drawdowns than their legacy counterparts in 2022. Bitcoin’s prominent memetic narrative as “digital gold” begs a comparison to the real yellow metal. But since the advent of…

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