Kirkland & Ellis advised subsidiaries of Generate Capital PBC in connection with the sale of two Bitcoin mining sites to Marathon Digital Holdings Inc. for $179 million. The transaction, announced Dec. 19, is expected to close in the first quarter of 2024. The Kirkland & Ellis team was led by corporate partners Rob Goodin and Daniel Cadis. Las Vegas-based Marathon Digital was represented by a Paul, Weiss, Rifkind, Wharton & Garrison team that includes partners Andrew Krause and Krishna Veeraraghavan.
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December 20, 2023, 10:34 AM