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Marathon reports record $337.2 million net income in Q1 2024

  • Marathon Digital Holdings reported a record net income of $337.2 million in Q1 2024, representing 184% YoY growth.
  • The firm's quarterly net income of $1.26 per diluted share signifies significant financial performance.
  • Marathon recorded $165.2 million in revenues during Q1 2024, reflecting 223% YoY growth.
  • With a market cap of $5.36 billion, Marathon remains the largest publicly traded Bitcoin mining firm.

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