Terrill Dicki
Feb 17, 2025 17:55
Marathon Digital Holdings, the most important public Bitcoin miner, now affords on-chain information visibility by way of Arkham, enhancing transparency for merchants and stakeholders.
Marathon Digital Holdings (NASDAQ: MARA), the most important public Bitcoin mining firm with a market capitalization of $4.93 billion, has taken a big step in the 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 response to 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 improvement permits them to trace the corporate’s Bitcoin holdings immediately on-chain. Arkham Intelligence has recognized a complete listing 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 the 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 Function within the Blockchain House
Arkham Intelligence is thought for its blockchain analytics and intelligence providers, offering stakeholders with priceless 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 individuals can now monitor Marathon’s mining pool by way of 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 throughout the crypto ecosystem.
For extra data, go to the official announcement on Arkham Intelligence.
Picture supply: Shutterstock
