Marathon Patent Group Engages Gateway to Lead Expanded Investor Relations Program
LAS VEGAS, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), has appointed Gateway Investor Relations (“Gateway”), a leading strategic financial communications and capital markets advisory firm, to provide investor relations and consulting
services to the company.
Gateway is a strategic financial communications firm specializing in advising public companies across a broad range of industry classifications. Founded in 1999, the firm provides high-level capital markets consulting, corporate communications, and investor outreach. The firm is also specifically experienced in helping technology companies access and effectively navigate the U.S. capital markets.
“As one of the only Nasdaq-listed cryptocurrency mining companies in the U.S., Marathon is uniquely positioned to offer investors a familiar, trusted, and transparent means of gaining exposure to Bitcoin,” said Merrick Okamoto, Marathon’s chief executive officer. “Over the past few months, we’ve completely transformed the business by substantially improving our financial position and establishing a consistent supply of the best miners available by entering into an agreement to purchase 10,500 S-19 Pro Miners from Bitmain. As a result, we are on track to become one of the largest Bitcoin miners in North America, representing approximately 1.2% of the global hashrate. With a clear path to scaling efficiently and a growing appetite among the investment community for exposure to our industry, we believe it is an opportune time to engage Gateway to help us proactively evangelize the Marathon story amongst the U.S investment community.”
Gateway will work closely with Marathon management to develop and deploy a comprehensive capital markets program. Gateway will also assist in organizing non-deal roadshows and securing invitations to select financial conferences (including the Gateway Conference) for Marathon management over the next 12 months.
About Gateway Investor Relations
Gateway is a leading strategic financial communications and capital markets advisory firm. For more than 20 years, the firm has delivered superior performance in strategic consulting, corporate messaging and positioning, investor awareness, and analyst and financial press coverage. Gateway executives have extensive experience in capital markets and financial communications, and represent clients in a wide range of industries, including technology, consumer, industrials, financial services, and business services. To learn more, please visit gatewayir.com or follow the firm on Twitter, LinkedIn and Facebook.