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Market
How will the value of Marathon Digital's Bitcoin holdings change by December 31, 2024?
3
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Marathon Digital's official financial reports or press releases
Story
Marathon Digital Buys $100M in Bitcoin, Holdings Surpass 20,000 BTC, Adopts Full HODL Strategy
Jul 25, 2024, 12:30 PM
Marathon Digital Holdings has announced the purchase of $100 million worth of Bitcoin, bringing its total holdings to over 20,000 BTC. Effective immediately, the company has also updated its treasury policy to a full HODL strategy, meaning it will retain all Bitcoin mined and make strategic market purchases. This move is part of Marathon's strategy to strengthen its position in the cryptocurrency market.
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