Marathon Digital (MARA) Buys $100M of BTC
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MARA buys $100 million worth of Bitcoin, adopts a ‘full HODL’ approach
July 25, 2024 8:51 AM EDTBitcoin 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
