Marathon Digital Looking to Place Bid for Compute North
Gaurav
Dec 8
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...
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