Marathon Digital Holdings (MARA), a leading Bitcoin mining company, has made a substantial investment in Bitcoin, acquiring 11,774 BTC for a total of $1.1 billion. This strategic move was made during a recent dip in the cryptocurrency market.
The acquisition occurred at an average cost of $96,000 per Bitcoin. This transaction signifies MARA’s confidence in the value and future potential of Bitcoin, leveraging the temporary price drop for long-term gains.
