Marathon Digital Holdings, a prominent Bitcoin mining company, has adopted a full HODL strategy, choosing to retain all the Bitcoin it mines. As of September 2024, the company holds 26,200 BTC, valued at approximately $1.5 billion. This marks a significant strategic shift, showcasing Marathon's long-term confidence in Bitcoin's value.
Despite the ongoing market fluctuations, Marathon remains steadfast in its HODL approach, reflecting a bullish outlook on Bitcoin's future. While other miners sell reserves to cover costs amid rising mining difficulty, Marathon's decision underscores its belief in Bitcoin's substantial price growth potential.
