Marathon Digital Expands Bitcoin Holdings to 34,794 BTC
Marathon Digital Holdings, a leading Bitcoin mining company, has expanded its Bitcoin position by purchasing an additional 703 BTC at a price of $95,395 each. This latest acquisition brings its total Bitcoin holdings to 34,794 BTC, currently valued at approximately $3.3 billion. The company retains $160 million in reserves for future purchases, reflecting its commitment to expanding its digital asset portfolio. As the Bitcoin market remains active, Marathon’s strategic moves signal confidence in Bitcoin’s long-term value. Investors should watch for future announcements regarding additional acquisitions or business strategies.
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