Marathon Digital Increases Holdings in July, Total Bitcoin Stash Surpasses 20,000 Coins
Publication Time:2024-08-06 22:11:07
Bitcoin mining company Marathon Digital Holdings continues to execute its 'full holding' strategy by boosting its bitcoin holdings to increase the value of its asset portfolio. In July, Marathon Digital successfully acquired an additional 2,282 BTC, with the transaction valued at over $124 million based on current market valuation. This move has propelled Marathon Digital's total bitcoin holdings to an unprecedented 20,818 BTC, with a combined value exceeding $1.14 billion. Notably, Marathon Digital also saw a significant increase in its bitcoin production in the same month, growing from 592 BTC last month to 692 BTC, marking a 17%环比 growth. Currently, the total value of Marathon Digital's held bitcoins and cash stands above $1.6 billion. Furthermore, the company did not sell any bitcoin in June, demonstrating its commitment to long-term holding.
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