Nasdaq-listed bitcoin mining firm Marathon Patent Group (MARA) has announced the completion of a $200 million capital raise. • U.S.-based Marathon reported Monday that following the previously announced shelf offering, it had ended the 2020 fiscal year with $217.6 million in cash and 74,656,549 shares outstanding. • The company plans to use the funds to pay for major purchases of bitcoin (BTC, -6.43%) miners from manufacturer Bitmain, as well as further expand the business. • So far, Marathon said it has bought 103,060 miners that, once delivered and deployed, are expected to produce approximately 10.36 EH/s in hash ... (full story)