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Marathon Patent Group Purchases 70,000 S-19 ASIC Miners from Bitmain for $170 Million


Marathon Patent Group Purchases 70,000 S-19 ASIC Miners from Bitmain for $170 Million
Upon Delivery and Full Deployment, the Company’s Mining Operations Will Consist of More than 103,000 Miners Producing 10.36 EH/s
Marathon Patent Group, Inc.
LAS VEGAS, Dec. 28, 2020 (GLOBE NEWSWIRE) Marathon Patent Group, Inc. (NASDAQ:
MARA) ( Marathon or the Company ), one of the largest enterprise Bitcoin self-mining companies in North America, has entered into a contract with Bitmain to purchase 70,000 Antminer S-19 ASIC miners.
Under the terms of the agreement, Marathon anticipates receiving an initial batch of 7,000 S-19 miners in July 2021 and the final shipment in December 2021. Once all miners are fully deployed, the Company’s mining fleet will consist of more than 103,000 miners capable of producing 10.36 EH/s.   This landscape changing purchase of these miners more than triples the size of Marathon’s existing fleet of 33,000 miners. ....

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The First Bancshares, Inc. Announces New Share Repurchase Plan


Press release content from Business Wire. The AP news staff was not involved in its creation.
The First Bancshares, Inc. Announces New Share Repurchase Plan
December 16, 2020 GMT
HATTIESBURG, Miss. (BUSINESS WIRE) Dec 16, 2020
The First Bancshares, Inc. (NASDAQ: FBMS) (“First Bancshares” or the “Company”), the holding company for The First, A National Banking Association, announced today that the Company’s board of directors has approved a new share repurchase program for the 2021 calendar year.
Under the program, the Company may, but is not required to, from time to time repurchase up to $30 million of shares of its common stock in any manner determined appropriate by the Company’s management. The actual timing and method of any purchases, the target number of shares and the maximum price (or range of prices) under the program, will be determined by management at its discretion and will depend on a number of factors, including the market price of ....

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