Marathon Digital Holdings buys $100M Bitcoin, raising total holdings to over 20,000 coins.
Marathon Digital Holdings, a leading Bitcoin miner, has announced a $100 million Bitcoin purchase, raising its total holdings to over 20,000 coins worth $1.3bn. It plans to adopt a "full HODL strategy", meaning it will retain all mined Bitcoin and make periodic open market purchases. Marathon CEO Fred Thiel encourages governments and corporations to view Bitcoin as the world's best treasury reserve asset.
July 25, 2024
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