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Marathon Digital Adds 400 BTC, Holdings Hit 52,850 BTC

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Marathon Digital Adds 400 BTC, Holdings Hit 52,850 BTC | 3.0 TV (3versetv)
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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.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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