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TechFlow news: Bitcoin mining company Marathon Digital announced it has signed a definitive purchase agreement to acquire Applied Digital's bitcoin mining data center for $87.3 million, which will be paid in cash from Marathon Digital's balance sheet.
Marathon expects to add an additional 100 megawatts of power capacity at the site by 2024, bringing the total capacity dedicated to Marathon's bitcoin mining operations to 200 megawatts.
Bitcoin mining company Marathon Digital announced it has signed a definitive purchase agreement to acquire Applied Digital's Bitcoin mining data center for $87.3 million, with Marathon making the payment in cash from its balance sheet. Marathon expects to add an additional 100 megawatts of power capacity at the site by 2024, bringing the total capacity dedicated to Marathon’s Bitcoin mining operations to 200 megawatts.
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