Marathon Digital Holdings, Inc. (NASDAQ:MARA) Q2 2023 Earnings Conference Call August 8, 2023 4:30 PM ET

Company Participants

Chris Brendler - VP of IR

Fred Thiel - Chairman and CEO

Salman Khan - CFO

Conference Call Participants

Lucas Pipes - B. Riley

Chase White - Compass Point

Jon Petersen - Jefferies

Kevin Dede - H.C. Wainwright

Operator

Good day, ladies and gentlemen. Welcome to Marathon Digital Holdings Second Quarter Earnings Webcast and Conference Call.

I would now like to turn the call over to your host, Chris Brendler, Vice President of Investor Relations. Please go ahead.

Chris Brendler

Thank you, Daryl. Good afternoon, and welcome to Marathon Digital Holdings second quarter 2023 earnings call. Thank you for joining us for our call today. With me on today's call are Chairman and Chief Executive Officer, Fred Thiel; and our Chief Financial Officer, Salman Khan.

Before we get started, I'd like to remind everyone that our prepared remarks may contain forward-looking statements, which are subject to risks and uncertainties, and that we may make additional forward-looking statements during the question-and-answer session. These forward-looking statements are subject to risks and uncertainties and actual results may differ materially. When used in this call, the words anticipate, could, enable, estimate, intend, expect, believe, potential, will, should, project and similar expressions as they relate to Marathon Digital Holdings are as such a forward-looking statement. Please refer to our earnings release for a full recitation of our forward-looking statements.

Investors are cautioned that all forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from those anticipated by Marathon at this time. In addition, other risks are more fully described in Marathon's public filings with the U.S. Securities and Exchange Commission, which can be viewed at www.sec.gov and ir.mara.com.

Finally, please note that on today's call, we will refer to certain non-GAAP financial measures in which Marathon excludes certain items from its GAAP financial results. Please refer to our company's periodic reports on Form 10-K and 10-Q, and to our website for a full reconciliation of these non-GAAP performance measures to the most comparable GAAP financial measures.

We will begin today's call with prepared remarks from Fred and Salman. After their comments, we'll be going through some of the more popular questions from investors before transferring to a live Q&A with our covering analysts.

And with that out of the way, I'm going to turn the call over to Fred to kick things off. Fred?