Marathon Digital Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. The company was founded on February 23, 2010 and is headquartered in Las Vegas, NV.
The company was formerly known as Marathon Patent Group and was the
patent holding company that is the parent of
Uniloc
Uniloc Corporation was a company founded in Australia in 1992.
History
The Uniloc technology is based on a patent granted to the inventor Ric Richardson who was also the founder of the Uniloc Company. The original patent application was date ...
, allegedly a
patent troll
In international law and business, patent trolling or patent hoarding is a categorical or pejorative term applied to a person or company that attempts to enforce patent rights against accused infringers far beyond the patent's actual value or ...
company.
Marathon purchased patents related to encryption in the 2010s and in 2021 it was known for its purchases of
bitcoin
Bitcoin ( abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distr ...
and
bitcoin mining equipment and a joint venture to use 37 MW from the Hardin Generating Station Montana coal plant to power an adjacently-constructed Marathon bitcoin data center.
The company changed its name to Marathon Digital Holdings, effective March 1, 2021. Its chief executive officer is
Fred Thiel
Fred Thiel (born 1960) is an American business executive and the current CEO of Thiel Advisors and Marathon Digital Holdings. Thiel is the former CEO of GameSpy, Local Corporation, and Lantronix.
Thiel serves as past chairman of the board o ...
.
See also
*
Uniloc v. Microsoft
''Uniloc USA, Inc. v. Microsoft Corp.'', 632 F.3d 1292 (Fed. Cir. 2011), was a patent lawsuit originally filed in the U.S. District Court for the District of Rhode Island.
Both Uniloc and Microsoft utilized a product registration software intended ...
*
Uniloc
Uniloc Corporation was a company founded in Australia in 1992.
History
The Uniloc technology is based on a patent granted to the inventor Ric Richardson who was also the founder of the Uniloc Company. The original patent application was date ...
References
External links
*
{{Finance links
, name = Marathon Digital Holdings, Inc.
, symbol = MARA
, reuters = MARA.O
, bloomberg = MARA:US
, sec_cik = 1507605
, yahoo = MARA
, google = MARA:NASDAQ
Companies listed on the Nasdaq
Patent monetization companies of the United States