Market
Average Bitcoin price in Q1 2025?
2
Resolution / Starting Odds
Below $90,000 • 25%
$90,000 to $100,000 • 25%
$100,001 to $110,000 • 25%
Above $110,000 • 25%
Average Bitcoin price data from major exchanges like Coinbase or Binance
Story
Marathon Digital Holdings Acquires 11,774 BTC for $1.1 Billion, Achieves 47.6% YTD Yield
Dec 10, 2024, 01:03 PM
Marathon Digital Holdings has significantly expanded its Bitcoin holdings, acquiring an additional 11,774 BTC for approximately $1.1 billion at an average price of about $96,000 per Bitcoin. This acquisition was funded through the proceeds from its zero-coupon convertible notes offerings. As of December 9, 2024, Marathon holds 40,435 BTC, with a current valuation of $3.9 billion based on a Bitcoin price of $96,500. The company has achieved a Bitcoin yield of 12.3% quarter-to-date and 47.6% year-to-date. Other major Bitcoin mining companies like Riot Platforms and MicroStrategy are also following suit, with Riot issuing $500 million in convertible notes to expand its Bitcoin reserves and MicroStrategy spending $2.1 billion on 21,550 BTC. This trend indicates a shift among mining companies from merely mining Bitcoin to also acquiring it directly from the market, potentially leading to a supply shock in the Bitcoin market.
View original story
Similar markets
$90,000 to $100,000 • 25%
Below $90,000 • 25%
Above $110,000 • 25%
$100,001 to $110,000 • 25%
Above $120,000 • 25%
$100,000 to $110,000 • 25%
Below $100,000 • 25%
Below $90,000 • 25%
$90,000 to $100,000 • 25%
Above $110,000 • 25%
Above $80,000 • 25%
$60,000 to $80,000 • 25%
$40,000 to $60,000 • 25%
Below $40,000 • 25%
$110,001 to $120,000 • 25%
$110,001 to $130,000 • 25%
$90,000 to $110,000 • 25%
Above $130,000 • 25%
Below $90,000 • 25%
Above $50,000 • 25%
$30,000 to $40,000 • 25%
Below $30,000 • 25%
$40,001 to $50,000 • 25%
$120,001 to $140,000 • 25%
Below $100,000 • 25%
$110,000 to $130,000 • 25%
Above $130,000 • 25%
Above $110,000 • 25%
$100,001 to $110,000 • 25%
$90,000 to $100,000 • 25%
$100,000 to $120,000 • 25%
$90,000 to $110,000 • 25%
Below $90,000 • 25%
Below $80,000 • 25%
Above $140,000 • 25%
Above $100,000 • 25%
$90,001 to $100,000 • 25%
$80,000 to $90,000 • 25%
More than $110,000 • 25%
$100,000 to $110,000 • 25%
$90,000 to $100,000 • 25%
Less than $90,000 • 25%
$100,000 to $110,000 • 25%
Above $110,000 • 25%
Below $90,000 • 25%
$90,000 to $100,000 • 25%
Below $80,000 • 25%
$100,000 to $120,000 • 25%
$80,000 to $100,000 • 25%
Above $120,000 • 25%
$110,000 to $120,000 • 25%
Below $100,000 • 25%
Above $120,000 • 25%
$100,000 to $110,000 • 25%
Increase by 0-20% • 25%
Increase by more than 20% • 25%
Decrease by 0-20% • 25%
Decrease by more than 20% • 25%
$120,001 - $140,000 • 25%
$100,000 - $120,000 • 25%
Above $160,000 • 25%
$140,001 - $160,000 • 25%
Above $120,000 • 25%
$110,001 - $120,000 • 25%
$100,000 - $110,000 • 25%
Below $100,000 • 25%