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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for the First Quarter of 2021 196 Bitcoins Produced During the First Quarter of 2021 Increases Total Bitcoin Holdings to Approximately 5,134.2 BTC Projected Hashrate Marathon Digital Holdings, Inc. MARA ) (“Marathon” or “Company”), one of the largest enterprise Bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for the first quarter, ended March 31, 2021. Preliminary First Quarter 2021 Highlights Produced 196 new minted bitcoins in the first quarter of 2021, increasing total bitcoin holdings to 5,134.2 with a fair market value of approximately $301.9 million as of March 31, 2021 At March 31, 2021, cash on hand was approximately $212 million and total liquidity, defined as cash and bitcoin holdings, was approximately $513.9 million

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