MARATHON PATENT GROUP ACQUIRES BLOCKCHAIN AND CRYPTOCURRENCY TRANSMISSION PATENTS
On November 2, 2017, Marathon announced that it has entered into a definitive purchase agreement to acquire 100% ownership of Global Bit Ventures Inc. (“GBV”), a digital asset technology company that mines cryptocurrencies. The closing of the transaction is subject to obtaining requisite approvals and customary closing conditions.
About Marathon Patent Group, Inc.
Marathon is an IP licensing company. Following the acquisition of GBV, the combined company will focus on the development of GBV’s new business involving the blockchain ecosystem and generation of digital assets. GBV is focused on mining digital assets and intends to add specialized computer equipment and plans to expand its activities to mine new digital assets. To learn more about Marathon Patent Group, visit www.marathonpg.com. To learn more about Global Bit Ventures, visit www.globalbitventures.com. Share Structure
https://www.facebook.com/MarathonPatentGroup https://www.facebook.com/MarathonPatentGroup http://www.marathonpg.com http://www.marathonpg.com/corporate/ http://www.marathonpg.com/corporate/sec-filings/ http://www.marathonpg.com/intellectual-property/ For general inquiries, please contact us:
|Market Value1 ||$69,134,100. ||a/o October 24, 2014 |
|Shares Outstanding || 5,746,808 ||a/o October 24, 2014 |
Corporate Headquarters About:
2331 Mill Road Suite 100
Alexandria, VA 22314
Marathon Patent Group™ is an intellectual property ("IP") company that serves patent owners ranging from individual inventors to Fortune 500 corporations. Our IP services team devises strategies that allow our clients to maximize the value of their IP assets. In addition, to generating revenues through IP consulting engagements, Marathon partners with inventors and patent owners to monetize patent portfolios through IP licensing campaigns.
Our objective is to provide a focused and comprehensive set of IP services that range from analysis of existing IP assets, idea creation, development, prosecution, commercialization, licensing and enforcement. Marathon provides our clients proprietary analytics, IP valuation methods, partnering opportunities, infringement tracking, patent analysis, strategies, tactics, enforcement and reporting among others.