Marathon Digital Holdings, a leading Bitcoin mining company, has acquired approximately $249 million worth of Bitcoin. This major purchase was facilitated by the successful completion of a $300 million fundraising round.
The acquisition underscores Marathon Digital's commitment to expanding its Bitcoin holdings and enhancing its position in the cryptocurrency market.
Such a significant investment highlights the growing trend among mining companies to hold substantial reserves of Bitcoin, reflecting confidence in the cryptocurrency's future value.
Source: en.coinotag.com ↗