Marathon Digital (MARA) Buys $100M of BTC

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/17/2026

1. SPY
2. EYPT
3. TSLA
4. NVDA
5. GNK
6. USO
7. AWK
8. MU
9. ARGX
10. SPCX

Go back to Marathon Digital (MARA) Buys $100M of BTC

MARA buys $100 million worth of Bitcoin, adopts a ‘full HODL’ approach

July 25, 2024 8:51 AM EDT

Bitcoin miner MARA (NASDAQ: MARA), recently rebranded from Marathon Digital, announced on Thursday that it has purchased an additional $100 million worth of bitcoin.

The companys shares fell more than 2% in premarket trading Thursday following the announcement.

According to a statement shared with The Block, this acquisition brings MARAs total bitcoin holdings to over 20,000 BTC, representing nearly 0.1% of... More