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)

9 Months Ended

Sep. 30, 2017

Summary of the Company's Outstanding Stock Warrants and Changes During the Period

A summary of the status of the Company’s outstanding stock warrants and changes during the period then ended is as follows:

	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Life
Balance at December 31, 2016		116,520	$	15.17		3.25
Granted		7,941,374		1.70		5.01
Cancelled		-		-		-
Forfeited		-		-		-
Exercised		570,000		3.32		-
Balance at September 30, 2017		7,487,894	$	1.86		5.35

Warrants exercisable at September 30, 2017		612,894
Weighted average fair value of warrants granted during the period			$	0.09

Summary of Stock Options and Changes During the Period

A summary of the stock options as of September 30, 2017 and changes during the period are presented below:

	Number of Options		Weighted Average Exercise Price		Weighted Average Remaining Life
Balance at December 31, 2016		879,034	$	17.84		6.80
Granted		-		-		-
Cancelled		48,542		-		-
Forfeited		217,298		16.71		-
Exercised		-		-		-
Balance at September 30, 2017		613,194	$	17.04		3.06

Options Exercisable at September 30, 2017		591,841	$	13.83		2.91
Options expected to vest		21,354	$	20.33		7.23
Weighted average fair value of options granted during the period			$	-

- 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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