Terrill Dicki
Feb 17, 2025 17:55
Marathon Digital Holdings, the biggest public Bitcoin miner, now affords on-chain information visibility by means of 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 supply on-chain information visibility, permitting merchants and stakeholders to entry real-time information relating to its Bitcoin mining operations, in keeping with Arkham Intelligence.
Enhanced Transparency for Stakeholders
Beforehand, buyers and market individuals needed to depend on quarterly earnings studies 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 value 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 predicted 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 thought for its blockchain analytics and intelligence providers, offering stakeholders with helpful insights into numerous 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 individuals can now monitor Marathon’s mining pool by means of Arkham’s platform, offering them with up-to-date data on the corporate’s Bitcoin manufacturing and holdings. This initiative underscores the rising pattern of blockchain corporations leveraging on-chain information to enhance transparency and belief throughout the crypto ecosystem.
For extra data, go to the official announcement on Arkham Intelligence.
Picture supply: Shutterstock
