Marathon Holdings, formerly known as Marathon Digital, a leading American cryptocurrency mining company, announced its purchase of 15,574 BTC for a total of $1.53 billion during the months of November and December 2022. The company funded the purchase through the issuance of convertible senior notes, raising a total of $1.925 billion. This strategic move demonstrates Marathon Holdings' continued commitment to the cryptocurrency market and its belief in the long-term value of Bitcoin. The company's CEO, Fred Thiel, stated that "this purchase reflects our belief that Bitcoin is a store of value with long-term appreciation potential." Marathon Holdings is one of the largest cryptocurrency mining companies in the world, and its latest purchase further solidifies its position as a major player in the industry. The company's investment in Bitcoin is a sign of confidence in the future of digital assets and is likely to be seen as a positive development by the cryptocurrency community.

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