Marathon Digital Holdings (MARA) has acquired an additional 400 Bitcoin for approximately $46 million, taking advantage of a market downturn on October 13. This purchase increases MARA's total Bitcoin holdings to 53,250 BTC, valued at over $6 billion at current market prices. The strategic acquisition underscores MARA's approach to leverage market volatility, even as hashprice and network difficulty decline, while maintaining over $5 billion in liquid assets.
Marathon Digital Expands Bitcoin Holdings by 400 BTC Amid Market Dip
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.