Business
Marathon Digital Holdings Donates to Summer of Bitcoin 2022
LAS VEGAS, Dec. 21, 2021 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the largest enterprise Bitcoin
About this update from Mara Holdings, Inc.
[{"type":"text","content":"LAS VEGAS, Dec. 21, 2021 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) (\"Marathon\" or \"Company\"), one of the largest enterprise Bitcoin self-mining companies in North America, today announced that the Company has provided a donation to Summer of Bitcoin 2022, a global summer internship program focused on introducing university students to Bitcoin and open-source development. Marathon’s donation is expected to fund multiple student projects, each of which is intended to support the development of the Bitcoin network. “As one of the leading Bitcoin miners in North America, we believe it is important that we do our part to help support the broader Bitcoin ecosystem, which includes sponsoring new developers who can contribute to Bitcoin’s open-source software and other related projects,” said Fred Thiel, Marathon’s CEO. “The platform that Adi and the rest of his team at Summer of Bitcoin have built encourages aspiring developers to better themselves by gaining a new skillset and tangible work experience in our rapidly growing industry, while simultaneously contributing to Bitcoin’s development. It is our hope that our donation will help encourage new talent to support Bitcoin and ultimately strengthen the network.” Adi Shankara, director of Summer of Bitcoin, commented, “Summer of Bitcoin serves to introduce new developers to Bitcoin, to teach them how to contribute to Bitcoin projects, and ultimately to help them build a career in Bitcoin. Without the generous support of companies like Marathon, we would not be able to fund our students’ projects. We are incredibly grateful for their donation and for the contribution they have made to furthering our mission.” Investor Notice Investing 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, 2020. 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 presen...