Marathon Digital Holdings , one of the largest publicly traded crypto miners in North America, reported a narrower-than forecast first-quarter loss per share as a rising bitcoin price and increased production helped lift the Florida-based company back toward profitability.
The company also said it received another subpoena from the U.S. Securities and Exchange Commission , which is looking into related-party transactions, among other things, that may have violated federal securities law. The company said it is cooperating with the investigation. Marathon posted a net loss of $0.05 per share compared with an average estimate of $0.08 according to FactSet data. The loss narrowed from the
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