Marathon Digital Posts $151.8M Q4 Profit, Bitcoin Production Jumps as Revenue Soars Despite Stock Drop
- Marathon Digital swings to $151.8 million profit in Q4 from $391.6 million loss a year ago
- Revenue jumps to $156.8 million from $28.4 million
- Produced 4,242 bitcoins in Q4, up from 1,562 bitcoins a year ago
- Stock falls 6.7% in after-hours trading despite swing to profit
- Plans to grow hash rate capacity to 50 exahash by end of 2025