Marathon entered into a definitive purchase agreement to acquire 100% ownership of Global Bit Ventures Inc. (“GBV”), a digital asset technology company that mines cryptocurrencies. GBV has robust infrastructure in place with significant capability for expansion. The closing of the transaction is subject to obtaining requisite approvals. http://www.globalbitventures.com/
Conference Call Nov. 27
The Company intends to update investors more specifically on the transaction on November 27th, when we will be conducting an investor update conference call.