Marathon Digital Holdings, Inc. (NASDAQ:MARA) Q2 2022 Earnings Conference Call August 8, 2022 4:30 PM ET

Company Participants

Charlie Schumacher - Vice President of Corporate Communications

Fred Thiel - Chairman & Chief Executive Officer

Hugh Gallagher - Chief Financial Officer

Conference Call Participants

Jon Petersen - Jefferies

Chris Brendler - DA Davidson

Chase White - Compass Point

Lucas Pipes - B. Riley Securities

Greg Lewis - BTIG

Kevin Dede - H.C. Wainwright

Operator

Good day, ladies and gentlemen. Welcome to the Marathon Digital Holdings Second Quarter 2022 Earnings Webcast and Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Charlie maker, Vice President of Corporate Communications. Sir, please go ahead.

Charlie Schumacher

Thank you, Vikram. Hello, everyone, and welcome to Marathon Digital Holdings second quarter 2022 earnings call. Joining me on today's call are our Chairman and CEO, Fred Thiel; and our CFO, Hugh Gallagher.

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, Inc. are, as such, a forward-looking statement. Please refer to our earnings release for a full reputation of our forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties, which may cause actual results to differ 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 reviewed at www.sec.gov.

Finally, please note that on today's call, we will refer to certain non-GAAP financial measures in which Marathon excludes certain expenses from its GAAP financial results. Please refer to our company's periodic reports on Form 10-K and 10-Q for a full reconciliation of its non-GAAP performance measures to the most comparable GAAP financial measures. We'll begin today's call with prepared remarks from Fred and Hue. After their comments, we will be going through some of our more popular questions from our investors before transferring to a live Q&A with our covering analysts.