Marathon Digital (NASDAQ: MARA) reported a 622.8% surge for 2023, a year that saw it acquire multiple mining sites for $179 million. The company will likely add 390 megawatts of capacity to its portfolio. The current capacity stands at 584 megawatts. The transaction is expected to close in the first quarter (Q1) of 2024 and will be funded with cash from the balance sheet. See Also: Is The Santa Claus Rally Over? What It Means For Stocks In 2024 The MARA stock witnessed most of the surge in the past month’s trading (+142%) due to optimism surrounding Bitcoin (CRYPTO: BTC) and the broader crypto…

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