Bitcoin mining company Marathon Digital Holdings (MARA) has expanded its Bitcoin reserves again, purchasing an additional 400 Bitcoin (BTC), valued at approximately $46.3 million.
According to on-chain monitoring firm Lookonchain, the purchase was made just a few hours ago through the institutional trading platform FalconX. This new purchase brings Marathon’s total holdings to 52,850 BTC, currently valued at approximately $6.12 billion.
The company is the second-largest public holder of Bitcoin, according to data from BitcoinTreasuries. It trails behind MicroStrategy, led by Michael Saylor, which holds 640,031 BTC valued at roughly $77 billion.
You need to login in order to Like
Leave a comment