Marathon Digital Holdings Appoints Manoj Narender Madnani as Managing Director for EMEA Expansion
15 4월 2024 - 9:30PM
Marathon Digital Holdings, Inc.
(NASDAQ:MARA) ("Marathon"
or "Company"), one of the world’s largest publicly traded
Bitcoin miners and a leader in supporting and securing the Bitcoin
ecosystem, today announced the appointment of Manoj Narender
Madnani as Managing Director for the EMEA Region, where he will
oversee Marathon’s strategic expansion opportunities in Europe, the
Middle East, Africa, India, and Asia.
Manoj Narender Madnani brings to Marathon an
extensive background in international business development and
global joint ventures, with a proven track record in corporate
finance, international transactions, and strategy across key
sectors such as energy, AI technology, media, hospitality, and
retail. His previous roles include Managing Director of Kulczyk
Investments SA, where he was responsible for the global energy and
infrastructure footprint, and CEO and Co-Founder of Beacon Media, a
pioneering media and entertainment firm. Manoj is a Babson College
alumnus and Trustee, an active member of the Young Presidents
Organization since 2003, and a prominent speaker on AI, energy,
infrastructure, media, Web3, and global investments.
"Manoj's experience and relationships across the
region uniquely position him to lead the next phase of Marathon’s
international growth,” said Fred Thiel, Marathon’s Chairman and
CEO. “This region presents a strategic opportunity for Marathon,
with its blooming energy sector, expansive capital markets, and
technology-friendly regulatory policies.”
Manoj Narender Madnani commented, "Marathon is
leading the charge in this region by providing energy solutions
that leverage Bitcoin mining. No other technology helps countries
address intermittent renewable penetration at scale. Energy demand
is growing, and Marathon looks forward to enabling more countries
to meet that demand while also achieving their energy transition
objectives. The opportunities in the region are immense, and I look
forward to helping Marathon leverage its industry-leading position
and resources to help drive the Company's success."
Investor Notice Investing in
our securities involves a high degree of risk. Before making an
investment decision, you should carefully consider the risks,
uncertainties and forward-looking statements described under "Risk
Factors" in Item 1A of our most recent Annual Report on Form 10-K
for the fiscal year ended December 31, 2023, filed with the SEC on
February 28, 2024. If any of these risks were to occur, our
business, financial condition or results of operations would likely
suffer. In that event, the value of our securities could decline,
and you could lose part or all of your investment. The risks and
uncertainties we describe are not the only ones facing us.
Additional risks not presently known to us or that we currently
deem immaterial may also impair our business operations. In
addition, our past financial performance may not be a reliable
indicator of future performance, and historical trends should not
be used to anticipate results in the future. See "Forward-Looking
Statements" below.
Forward-Looking Statements
Statements made in this press release include forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934. Forward-looking statements can be identified by the use of
words such as “may,” “will,” “plan,” “should,” “expect,”
“anticipate,” “estimate,” “continue,” or comparable terminology.
Such forward-looking statements are inherently subject to certain
risks, trends and uncertainties, many of which the Company cannot
predict with accuracy and some of which the Company might not even
anticipate and involve factors that may cause actual results to
differ materially from those projected or suggested. Readers are
cautioned not to place undue reliance on these forward-looking
statements and are advised to consider the factors listed above
together with the additional factors under the heading “Risk
Factors” in the Company's Annual Reports on Form 10-K, as may be
supplemented or amended by the Company's Quarterly Reports on Form
10-Q. The Company assumes no obligation to update or supplement
forward-looking statements that become untrue because of subsequent
events, new information or otherwise.
About Marathon Digital Holdings
Marathon is a digital asset technology company that focuses on
supporting and securing the Bitcoin ecosystem. The Company is
currently in the process of becoming one of the largest and most
sustainably powered Bitcoin mining operations in North America.
For more information, visit www.mara.com, or
follow us on:
Twitter: @MarathonDHLinkedIn:
www.linkedin.com/company/marathon-digital-holdingsFacebook:
www.facebook.com/MarathonDigitalHoldingsInstagram:
@marathondigitalholdings
Marathon Digital
Holdings Company Contact:
Telephone: 800-804-1690Email: ir@mara.com
Marathon Digital Holdings Media
Contact:Email: marathon@wachsman.com
Marathon Digital (NASDAQ:MARA)
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Marathon Digital (NASDAQ:MARA)
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