Marathon Digital Holdings has continued its aggressive strategy in accumulating bitcoin assets, purchasing 192 bitcoins in September 2024. This acquisition now brings Marathon's total bitcoin reserves to 26,842 BTC, reaffirming its commitment to its HODL strategy.
Despite bitcoin's volatility and fluctuating interest, Marathon signals its confidence in the cryptocurrency's long-term value. Its approach involves capitalizing on market opportunities to augment its self-mined reserves.
By maintaining this strategy, Marathon ranks among the largest bitcoin holders among publicly traded mining firms, further strengthening its market position and broadening its market share.
