IMH leads financial gainers, PHCF and HX among losers
Gainers: Impac Mortgage Holdings (IMH) +11%. Leju Holdings (LEJU) +9%. First Internet Bancorp (INBK) +8%. Trinity Place Holdings (TPHS) +7%. IRSA Inversiones (IRS) +7%.Losers: Hexindai (HX) -15%. Puhui Wealth Investment
Seekingalpha · 2d ago
ALGN, SDC among premarket gainers
Ever-Glory International (EVK) +115%.Align Technology (ALGN +27% on Q3 results.Bio-Path Holdings (BPTH) +24%. onHelix Energy Solutions Group (HLX +16% on Q3 results.OptiNose (OPTN +14% on preliminary Q3 results.KBS Fashion Group (KBSF) +14%.Marathon Patent Group (MARA) +12%.SmileDirectClub
Seekingalpha · 3d ago
PHCF leads financial gainers, XYF and HGSH among losers
Gainers: Puhui Wealth Investment Management (PHCF) +22%. Marathon Patent Group (MARA) +18%. Hallmark Financial Services (HALL) +12%. Equity Bancshares (EQBK) +11%. Dragon Victory International (LYL) +7%.Losers: Jupai Holdings (JP) -28%.
Seekingalpha · 4d ago
GSX, SNAP, ONVO and CIH among midday movers
 Gainers: Marin Software (MRIN) +199%.Astrotech (ASTC) +108%.Creatd (CRTD) +42%.Snap (SNAP) +33%.Organovo (ONVO) +29%.VOC Energy Trust (VOC) +26%.9F (JFU) +23%.Calix (CALX) +21%.Marathon Patent (MARA) +21%.Establishment Labs (ESTA) +20%.Losers: Weidai (WEI) -54%.GSX Techedu (GSX) -27%.Armstrong Flooring
Seekingalpha · 4d ago
SNAP, NKLA, PINS and ERIC among premarket gainers
Astrotech Corporation (ASTC) +145% in reaction to its partnership with Cleveland Clinic.Marin Software (MRIN) +138%.NetSol Technologies (NTWK) +67% after its platform goes live in China.VOC Energy Trust (VOC) +27%.Greenpro Capital (GRNQ) +13%.Snap (SNAP) +22% on Q3
Seekingalpha · 4d ago
QD leads financial gainers, DNK and LYL among losers
Gainers: Qudian (QD) +16%. Marathon Patent Group (MARA) +10%. Ashford Hospitality Trust (AHT) +9%. Futu Holdings (FUTU) +8%. FinVolution Group (FINV) +8%.Losers: Kaixin Auto Holdings (KXIN) -41%. Phoenix Tree Holdings
Seekingalpha · 5d ago
Marathon Patent names new financial chief
Marathon Patent Group ([[MARA]] +10.3%) appoints Simeon Salzman as chief financial officer of the company, succeeding long-standing CFO, David Lieberman, who had worked closely for 18 years. Lieberman will continue to serve on the company's board. Prior
Seekingalpha · 5d ago
Marathon Patent Group Appoints Former Las Vegas Monorail Executive Simeon Salzman As Chief Financial Officer
LAS VEGAS, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the largest Bitcoin Mining companies in North America, today announced the
Benzinga · 5d ago
CHCI leads financial gainers, HX and WFC among losers
Gainers: Comstock Holding Companies (CHCI) +9%. FinTech Acquisition (FTAC) +8%. Wheeler Real Estate Investment Trust (WHLR) +8%. Atlantic American (AAME) +8%.Losers: Hexindai (HX) -8%. DraftKings (DKNG) -6%. Condor Hospitality Trust
Seekingalpha · 10/14 17:14
Marathon Patent Group Announces Joint Venture with Beowulf Energy for 105-Megawatt Bitcoin Mining Data Center
The Data Center Will Generate 1.265 EH/S by 2Q 2021 with an Option to Expand to 3.320 EH/S. Marathon Will Own 100% of the Data Center, Which Will Have One of the Lowest Energy Costs in the U.S. for a Bitcoin Mining Operation. Beowulf Presently Owns and Manages Over 2.3 Gigawatts of Electric Generating Capacity; Beowulf has Earmarked 500 Megawatts for Future Blockchain and Data Center ExpansionLAS VEGAS, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company") today announced the formation of a new joint venture with Beowulf Energy LLC (“Beowulf”) focused on delivering low cost power to Marathon’s Bitcoin mining operations.In connection with the joint venture, Marathon has entered into agreements with Beowulf to co-locate its Bitcoin Mining Data Center (the “Data Center”) at the Big Horn Data Hub, which comprises 20 acres of land adjacent to Beowulf’s Hardin Generating Station, a 105 MW power facility located in Hardin, Montana. Beowulf will provide power from the Hardin plant to the Data Center at a production cost of $0.028/kWh. Beowulf will also become an equity shareholder of Marathon as a result of the joint venture. Marathon will retain 100% of the Bitcoin mining output generated at the Data Center.Marathon will deploy the 11,500 next generation S19 Pro Antminers (110 TH/s) it previously acquired through its partnership with Bitmain Inc. at the Data Center. These miners will generate 1.265 EH/s when fully deployed, with full deployment anticipated through Q2 2021. Currently, 500 of the S19 Pro Antminers have been delivered and deployed at the Data Center. The Data Center has the capacity to deploy up to 30,000 S19 Pro Miners that will generate 3.320 EH/s, providing Marathon with substantial opportunity for future expansion.The Data Center will lower Marathon’s aggregate mining cost for electricity and data center management to $0.034/kWh, which is 38% below the Company’s current cost of mining. This low-cost electricity reduces Marathon’s breakeven costs to produce Bitcoin from approximately $7,500 per Bitcoin today to $4,600 per Bitcoin, dramatically improving the Company’s future profitability.   Marathon Chairman and CEO Merrick Okamoto stated, “The closing of this joint venture with Beowulf represents the completion of a long journey to own a Bitcoin mining facility. Partnering with an experienced independent power producer enables us to maintain control and certainty of Marathon’s energy and operational costs, at rates that represent some of the lowest in North America.”Nazar Khan, Executive Vice President of Beowulf, commented, “In pursuing the co-location of a Bitcoin mining operation at Hardin, we sought to capture the inherent value to the Data Center of securing a long-term supply of reliable, secure, and low-cost power while benefitting from the significant on-site technical expertise to ensure efficient operations. Our expert in-house engineers and technicians have designed the Data Center to support the immense computing speeds of the latest generation S19 Pro Antminers. Located in Eastern Montana, the Data Center has a meaningful competitive advantage on energy pricing, moderate climate, and regulatory stability. Beowulf has also earmarked an additional 500 megawatts of generation capacity for subsequent blockchain and data center expansion.”Investor NoticeInvesting in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2019. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. Future changes in the network-wide mining difficulty rate or Bitcoin hashrate may also materially affect the future performance of Marathon's production of Bitcoin. See "Safe Harbor" below.Forward-Looking StatementsStatements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.About Marathon Patent GroupMarathon is a digital asset technology company that mines cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets.About Beowulf EnergyFounded in 1994, Beowulf is an independent infrastructure company that develops, builds, owns, and operates power generation and industrial infrastructure facilities worldwide. Headquartered in Maryland, the company has extensive development and operational experience in domestic and international energy markets. Beowulf has developed, constructed, acquired, and operated over $5 billion of power generation and industrial assets. Beowulf is led by its founder, Chairman, and Chief Executive Officer, Paul B. Prager.Marathon Patent Group Company Contact: Jason Assad Telephone: 678-570-6791 Email: Jason@marathonpg.comMarathon Patent Group Investor Contact:Gateway Investor Relations Matt Glover and Charlie Schumacher Telephone: 949-574-3860 Email:
GlobeNewswire · 10/13 12:15
MARA leads financial gainers, ELVT and BPYU among losers
Gainers: Marathon Patent Group (MARA) +14%. Lion Group Holding (LGHL) +11%. Social Capital Hedosophia Holdings (IPOB) +10%. AllianceBernstein Holding (AB) +7%.Losers: Manning & Napier (MN) -12%. Oxbridge Re Holdings (OXBR)
Seekingalpha · 10/12 17:10
TWLO, ACRX among premarket gainers
Lizhi (LIZI) +46%. as Government picks Lizhi its backed pilot program to bolster local online audiovisual industry.Acorn (ATV) +31% on revised going private transaction for $21/share.LMP Automotive (LMPX) +21%. to acquire 70% interest in
Seekingalpha · 10/12 12:33
Cryptocurrencies cap off strong week as investors eye long-term potential
Bitcoin (BTC-USD) trades at its highest level in a month as the stimulus wildcard in the U.S. hangs in the background. Within the last 24 hours, Bitcoin swapped digital hands
Seekingalpha · 10/10 13:59
Eaton Vance leads financial gainers; Gladstone Land and Comstock among losers
Gainers: Eaton Vance (EV) +48%. Consumer Portfolio Services (CPSS) +43%. Oxbridge Re Holdings (OXBR) +28%. Marathon Patent Group (MARA) +18%. Carver Bancorp (CARV) +10%.Losers: Dunxin Financial Holdings (DXF) -20%. Comstock Holding Companies (CHCI) -6%.
Seekingalpha · 10/08 17:00
SUPV leads financial gainers, GROW and AINC among losers
Gainers: Grupo Supervielle (SUPV) +15%. CorEnergy Infrastructure Trust (CORR) +12%. Banco BBVA Argentina (BBAR) +12%. Grupo Financiero Galicia (GGAL) +11%. Marathon Patent Group (MARA) +10%.Losers: U.S. Global Investors (GROW) -9%.
Seekingalpha · 09/24 17:07
Marathon Patent Group Engages Gateway to Lead Expanded Investor Relations Program
LAS VEGAS, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), has appointed Gateway Investor Relations (“Gateway”), a leading strategic financial communications and capital markets advisory firm, to provide investor relations and
GlobeNewswire · 09/23 13:15
Marathon Patent Group Withdraws Offer to Acquire Fastblock Mining; Companies Unable to Reach Long-Term Power Agreement at Acceptable Rates
LAS VEGAS, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), today announced that as of September 11th, 2020, the Company has withdrawn its offer to acquire Fastblock Mining. During its due diligence process, the Company discovered
GlobeNewswire · 09/17 21:15
Marathon Patent pulls offer to acquire Fastblock Mining over power agreement
Marathon Patent Group (MARA) withdrew its offer to purchase Fastblock Mining after the two companies failed to reach a long-term agreement on power rates.MARA rises 0.5% in after-hours trading.During due diligence, Marathon
Seekingalpha · 09/17 20:24
HCFT leads financial gainers, GNW and SAFE among losers
Gainers: Hunt Companies Finance Trust (HCFT) +11%. Forum Merger II (FMCI) +9%. American Virtual Cloud Technologies (AVCT) +8%. GoHealth (GOCO) +8%. Oportun Financial (OPRT) +8%.Losers: Leju Holdings (LEJU) -8%. Genworth
Seekingalpha · 09/17 17:05
MARA leads financial gainers, SUPV and LX among losers
Gainers: Marathon Patent Group (MARA) +10%. Medallion Financial (MFIN) +9%. DraftKings (DKNG) +9%. SuRo Capital (SSSS) +9%. Leju Holdings (LEJU) +7%.Losers: Grupo Supervielle (SUPV) -9%. Grupo Financiero Galicia (GGAL) -7%.
Seekingalpha · 09/16 17:10
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About MARA
Marathon Patent Group, Inc. is a digital asset technology company. The Company focuses on the blockchain ecosystem and the generation of digital assets. The Company is operating one mining facility in Quebec, with plans to open additional facilities in the future. The Company offers managed mining solutions on its robust proprietary infrastructure and smart mining software. The Company intends to power and secure blockchains by verifying blockchain transactions using custom hardware and software. It is using its hardware to mine bitcoin (BTC) and expect to mine BTC and ether (ETH), and potentially other cryptocurrencies.