Estimated ~$170M net benefit from loan/sale timing
Company: Marathon Digital
The claim, verbatim
The company estimated a net benefit of around $170 million from the timing of the borrowing and subsequent bitcoin sale.
Source (primary)
MARA’s $634M Q3 Profit and Bitcoin (BTC) Sale Signal Broader Shift as Riot Platforms and Hut 8 Monetize Holdings for AI Infrastructure - Crowdfund Insider (-, news_article)
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Quote: “the company estimated a net benefit of around $170 million from the timing of the borrowing and subsequent sale”
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Additional evidence
confirms MARA’s $634M Q3 Profit and Bitcoin (BTC) Sale Signal Broader Shift as Riot Platforms and Hut 8 Monetize Holdings for AI Infrastructure - Crowdfund Insider
Quote: “the company estimated a net benefit of around $170 million from the timing of the borrowing and subsequent sale”