🚀#Bitcoinupdate: MARA Holdings just bought 11,774 BTC worth $1.1 billion, bringing its total BTC holdings to 40,435! 📈

- MARA's hashrate surpasses 50 EH/s, an industry first! CEO Fred Thiel: "Mission accomplished... but not over yet!"

- MARA is following a strategy of holding BTC and using financial instruments to increase reserves, similar to MicroStrategy.

- MARA shares are down 4.4% but still up slightly after hours. They are down 0.55% this year despite a 586% gain in 2023.

- BTC is currently $97,090, down 6.6% from its peak of $104,000 on December 5.

What do you think of MARA's strategy? Share your thoughts! 💬