MARA mining equipment write-off under restructuring
Company: Marathon Digital
The claim, verbatim
MARA wrote off $12 million involving mining rigs and equipment under restructuring plans.
Source (primary)
HIVE, MARA mine more Bitcoin but earn less as crypto prices fall - Cryptonews.net (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “MARA separately wrote off $12 million involving mining rigs and equipment under restructuring plans”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article states the amount, the assets involved and the restructuring context of MARA's write-off.
Confirmed in the source:
- MARA wrote off $12 million
- The write-off involved mining rigs and equipment
- The write-off was made under restructuring plans
What we did: Read our cached copy of the publisher (https://cryptonews.net/news/mining/33727867/) in full (5,771 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms HIVE, MARA mine more Bitcoin but earn less as crypto prices fall - Cryptonews.net
Quote: “MARA separately wrote off $12 million involving mining rigs and equipment under restructuring plans”