MARA's 2025 Bitcoin Mining Rig orders are about half from the American manufacturer Auradine.

DeepFlowTech
BTC1,34%

According to Deep Tide TechFlow news on June 20, as reported by Theminermag, MARA CEO Fred Thiel stated that about half of the company’s mining rig orders this year come from the American Bitcoin chip design and manufacturing company Auradine, in the context of impending trade tariff increases.

According to MARA’s first quarter financial report, the company prepaid $22.3 million to Auradine for future purchases, accounting for about 23% of the total prepayment, indicating that MARA has increased its orders for Auradine Teraflux Mining Rigs in the second quarter. MARA is an early investor in Auradine, and as of March 31, MARA’s investment in Auradine has a book value of $85.4 million.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)