Today news
About the same in other media
Marathon Digital stock reaches 6-year high as company HODLs $460M Bitcoin
Reading now: 603
United States-based crypto mining company Marathon Digital Holdings holds more than $460 million in Bitcoin (BTC), mainly from mining and purchases since last year.
According to a Tuesday report, the mining firm said it had been HODLing all Bitcoin generated from its mining operations — roughly 2,640 BTC — since its last sale in October 2020. In addition, Marathon Digital purchased more than 4,812 BTC in January when the price of the crypto asset was under $35,000. At the time of publication, the BTC price is $62,056, giving the mining firm’s 7,453 BTC holdings a value of roughly $462 million.
The company has continued to ramp up its mining operations despite global supply chain issues affecting the distribution of crypto mining rigs.
Read more on cointelegraph.comAbout this in other media
El Salvador plans $1 billion in tokenised Bitcoin bonds economictimes.indiatimes.com /3 years ago
Bitcoin City: El Salvador plans world's first city built with crypto bonds and powered by volcano euronews.com /3 years ago
El Salvador president plans 'Bitcoin City' financed by crypto bonds moneycontrol.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
