Marathon Digital Looking to Place Bid for Compute North
American cryptocurrency mining outfit Marathon Digital Holdings Inc (NASDAQ: MARA) is exploring options to acquire its bankrupt sister firm, Compute North Holdings. According to Marathon’s Chief Executive Officer, Fred Thiel, the company has hired restructuring specialists to help estimate the extent of its exposure to Compute North and to explore the firm’s chances of acquiring the distressed firm. Thiel said the company has hired Guggenheim Partners and law firm Weil Gotshal & Manges for ad...
Marathon Digital Looking to Place Bid for Compute North
American cryptocurrency mining outfit Marathon Digital Holdings Inc (NASDAQ: MARA) is exploring options to acquire its bankrupt sister firm, Compute North Holdings. According to Marathon’s Chief Executive Officer, Fred Thiel, the company has hired restructuring specialists to help estimate the extent of its exposure to Compute North and to explore the firm’s chances of acquiring the distressed firm. Thiel said the company has hired Guggenheim Partners and law firm Weil Gotshal & Manges for ad...
Elon Musk Loses Title of World’s Richest Person Briefly to Louis Vuitton CEO but Regains It
Elon Musk has held the title of the world’s richest person since September last year and currently has a net worth of $185.7 billion. The outspoken businessman took over the title from Amazon chief executive Jeff Bezos at the time. Meanwhile, Arnault and his family currently occupy the second position on the “world’s richest” list. According to Forbes, the LVMH Moët Hennessy Louis Vuitton CEO has a personal wealth of $185.3 billion. About twenty-four hours before, Musk’s net worth plunged to ...
Elon Musk Loses Title of World’s Richest Person Briefly to Louis Vuitton CEO but Regains It
Elon Musk has held the title of the world’s richest person since September last year and currently has a net worth of $185.7 billion. The outspoken businessman took over the title from Amazon chief executive Jeff Bezos at the time. Meanwhile, Arnault and his family currently occupy the second position on the “world’s richest” list. According to Forbes, the LVMH Moët Hennessy Louis Vuitton CEO has a personal wealth of $185.3 billion. About twenty-four hours before, Musk’s net worth plunged to ...