• Marathon Digital Holdings average return on tangible equity for 2023 was -44.04, a 14.63% decline from 2022.
• Marathon Digital Holdings average return on tangible equity for 2022 was -51.59, a 3407.05% decline from 2021.
• Marathon Digital Holdings average return on tangible equity for 2021 was 1.56, a 101.62% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.