Terrill Dicki
Feb 17, 2025 17:55
Marathon Digital Holdings, the biggest public Bitcoin miner, now gives on-chain information visibility by Arkham, enhancing transparency for merchants and stakeholders.
Marathon Digital Holdings (NASDAQ: MARA), the biggest public Bitcoin mining firm with a market capitalization of $4.93 billion, has taken a big step in direction of transparency. The corporate has partnered with Arkham Intelligence to offer on-chain information visibility, permitting merchants and stakeholders to entry real-time information relating to its Bitcoin mining operations, in response to Arkham Intelligence.
Enhanced Transparency for Stakeholders
Beforehand, buyers and market contributors needed to depend on quarterly earnings stories to confirm the quantity of Bitcoin mined by Marathon. This new growth permits them to trace the corporate’s Bitcoin holdings straight on-chain. Arkham Intelligence has recognized a complete checklist of Marathon’s wallets, which collectively maintain over $1.1 billion price of Bitcoin throughout 23 distinctive addresses.
In 2023, Marathon mined 12,850 Bitcoin, producing $387.5 million in income. This transfer in direction of transparency is anticipated to bolster investor confidence and supply a clearer image of the corporate’s operational scale and monetary well being.
Arkham’s Position within the Blockchain Area
Arkham Intelligence is understood for its blockchain analytics and intelligence companies, offering stakeholders with precious insights into varied crypto entities. By partnering with Marathon, Arkham reinforces its place as a pivotal participant within the blockchain analytics area, providing real-time information that enhances market transparency.
Market contributors can now monitor Marathon’s mining pool by Arkham’s platform, offering them with up-to-date data on the corporate’s Bitcoin manufacturing and holdings. This initiative underscores the rising development of blockchain corporations leveraging on-chain information to enhance transparency and belief inside the crypto ecosystem.
For extra data, go to the official announcement on Arkham Intelligence.
Picture supply: Shutterstock
