Marathon Digital Holdings Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2014

	Number of Warrants			Weighted Average Exercise Price		Weighted Average Remaining Life
Balance at December 31, 2013		708,260		$	6.66		2.74
Granted		255,895		$	7.50		2.00
Cancelled		(23,077	)		-		-
Forfeited		-			-		-
Exercised		24,039		$	5.75		-
Balance at June 30, 2014		917,039					2.28

Warrants exercisable at June 30, 2014		910,693
Weighted average fair value of warrants granted during the period				$	-

Summary of stock options

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Life
Balance at December 31, 2013		1,338,076		$	5.83		5.21
Granted		295,000		$	8.39
Cancelled		(649,999	)	$	5.73
Forfeited		-		$	-
Exercised		-		$	-
Balance at June 30, 2014		983,077		$	5.90		7.17

Options Exercisable at June 30, 2014		322,124
Options expected to vest		660,953
Weighted average fair value of options granted during the period				$	5.44

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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