Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Bitcoin mining company Marathon Digital (MARA) transferred 1,318 bitcoins, worth $86.9 million, within 10 hours when …We lower the price of Bitcoin to $64,000. The company mentioned the amount to three Cryptocurrency walletsas revealed by the data series.
According to Arkham, Marathon transferred a large amount of 653,773 bitcoins to the loan and sale of the company Two Prime, which has an amount of $ 42.01 million at the same time. Within minutes, 8,999 were sent Bitcoinvalued at approximately $578,000, at the same address associated with 2 Prime.
A separate amount of 300 bitcoins was sent to a wallet connected to the administrator BitGo, divided into two transfers, about $20.4 million at that time.
In addition, Marathon also transferred 305 Bitcoin to a new wallet address, worth $20.72 million.
Tough times for Bitcoin mining companies
Bitcoin’s price has fallen sharply recently, and is now trading above $63,000 at the time of writing, the lowest level since October 2024.
This downturn had a huge impact on the industry Bitcoin miningThis makes mining operations unprofitable for them. Bloomberg said On Thursday, the price of mining coins per unit of computing power, known as the hash price index, fell to about 3 cents per terahash.
Mr Newhedge said the next change in mining odds (every two weeks) could drop by 13%, one of the lowest since China banned mining in 2021.
As a result, the stocks of major Bitcoin mining companies fell. The lowest price of shares of Marathon Holdings Ltd More than 18%, while shares of Clean Spark and Riot Platforms fell by 19.13% and 14.7%, respectively.
Marathon Stocks Under Pressure – Here’s why
Marathons are down more than 30% in the past five days, and 34% in the past month, according to Google Finance.
Company activity is also linked to Marathon’s most recent financial report. As of January 30, 2026, 14,301 shares of common stock were reserved at a price of $9.50 per share to cover its tax liabilities while the stock units are restricted, according to Stock Titan data.
In addition to the problems caused by the decrease in the Bitcoin market, companies are facing … Mines The cost of electricity increased significantly due to the hurricane that passed through the United States at the end of January.
In addition, Bitcoin mining centers in Texas and Tennessee experienced power outages.
“This is due to a combination of the selloff and the winter storm,” Harry Sudock, chief business officer at CleanSpark, told Bloomberg.
A note Bitcoin mining company Marathon Digital transfers 1,318 Bitcoin in 10 hours, and traders are wary of forced sales of miners. appeared for the first time Cryptonews Arabic.
