Crypto Miner Marathon Increased Bitcoin Holdings Amid $191.6M Quarterly Losses

Marathon Digital Holdings Inc. (NASDAQ: MARA), a leading cryptocurrency mining company, has reported a net loss of $191.6 million (or $1.75 per share) as its Bitcoin production slumps. The firm reported producing 707 Bitcoin in Q2 2022, a 44% decline from the previous quarter. In Q1 2022, the company produced nearly...

Read more...

Focus on Fintech – Wilson Sonsini Quarterly Fintech Update – July 2022 | Wilson Sonsini Goodrich & Rosati

Welcome to Wilson Sonsini’s Focus on Fintech quarterly newsletter. This quarterly newsletter provides ongoing analysis and commentary on regulatory developments impacting the fintech industry. This issue of Focus on Fintech focuses largely on an increase in enforcement capacity across industries as well as various legislative and rule proposals that may impact...

Read more...