Bitcoin Miner Marathon Digital's CFO to Retire After One Year

Bitcoin miner Marathon Digital's (MARA) CFO Hugh Gallagher plans to retire from his role on May 12, about an year after he was appointed in the role.

“With hash rate growing and becoming more stable and with the team now in a stronger position, I made the decision to retire," Gallagher said in a statement. He was appointed to the CFO role on March of last year.

The move comes as bitcoin miners have gone through a difficult year, after crypto winter saw slump in bitcoin prices and higher energy costs which weighed on the margins of the miners. Marathon's stock price has fallen about 71% in last twelve-months, while bitcoin fell about 40%, according to TradingView data.

An external search for a new CFO is already in the process, the company said in the statement.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。