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Marathon Digital ($MARA) has acquired 15,574 $BTC for ~$1.53B at an average price of $98,529 per Bitcoin using proceeds from 0% convertible notes.
Total holdings now stand at 44,394 $BTC , valued at $4.45B as of 12/18/24.
#marathondigital #MarathonDigitalHoldings #MARA
Total holdings now stand at 44,394 $BTC , valued at $4.45B as of 12/18/24.
#marathondigital #MarathonDigitalHoldings #MARA
đ¨ CRYPTO NEWS ALERT đ¨
#marathondigital Stamps "Made in USA" on All Bitcoin Mined by #MaraPool
đ˘ Marathon Digital has announced that it will now stamp "Made in USA" on all Bitcoin blocks mined by its U.S.-based MARA Pool.
This decision aligns with the company's commitment to keeping #BitcoinMining operations domestic.
đ Additionally, Marathon continues to acquire and hold substantial amounts of Bitcoin as a treasury #Reserves asset, reinforcing its strategy to support and invest in the digital currency within the United States.
#marathondigital Stamps "Made in USA" on All Bitcoin Mined by #MaraPool
đ˘ Marathon Digital has announced that it will now stamp "Made in USA" on all Bitcoin blocks mined by its U.S.-based MARA Pool.
This decision aligns with the company's commitment to keeping #BitcoinMining operations domestic.
đ Additionally, Marathon continues to acquire and hold substantial amounts of Bitcoin as a treasury #Reserves asset, reinforcing its strategy to support and invest in the digital currency within the United States.
Bitcoin miner #Marathon Digital just bought $100 million worth of $BTC and will adopt a #HODL strategy given macro tailwinds and institutional support.
#marathondigital #MarathonDigitalHoldings #TrendingTopic
#marathondigital #MarathonDigitalHoldings #TrendingTopic
_Marathon Digital Reports Impressive August Results_
Marathon Digital, the largest US-based Bitcoin miner, has released its August production update, showcasing impressive growth and strategic decisions.
Key Highlights:
- Mined 637 Bitcoins, confirming 196 blocks in the main cryptocurrency blockchain
- Increased mining capacity to 35.2 EH/s (Exahashes per second)
- Boosted Bitcoin reserves to 25,945 BTC, valued at $1.47 billion
- Not a single coin was sold in August, demonstrating a long-term investment strategy
Stock Performance:
Marathon Digital's shares (MARA) are traded on NASDAQ at $15.26. Despite the company's positive results, the stock price has fallen by approximately 10% over the past month, reflecting broader market trends.
Expert Insights:
Marathon Digital's decision to hold onto their Bitcoin reserves, rather than selling, indicates a strong belief in the cryptocurrency's long-term value. This strategy, combined with their increased mining capacity, positions the company for potential future growth.
Conclusion:
Marathon Digital's August results demonstrate their commitment to expanding their mining operations and accumulating Bitcoin reserves. As the largest US miner, their actions are closely watched by industry observers. Will their strategy pay off in the long run? Only time will tell.
#marathondigital #BitcoinMining #USDataImpact #Write2Earn! #Gravity
Key Highlights:
- Mined 637 Bitcoins, confirming 196 blocks in the main cryptocurrency blockchain
- Increased mining capacity to 35.2 EH/s (Exahashes per second)
- Boosted Bitcoin reserves to 25,945 BTC, valued at $1.47 billion
- Not a single coin was sold in August, demonstrating a long-term investment strategy
Stock Performance:
Marathon Digital's shares (MARA) are traded on NASDAQ at $15.26. Despite the company's positive results, the stock price has fallen by approximately 10% over the past month, reflecting broader market trends.
Expert Insights:
Marathon Digital's decision to hold onto their Bitcoin reserves, rather than selling, indicates a strong belief in the cryptocurrency's long-term value. This strategy, combined with their increased mining capacity, positions the company for potential future growth.
Conclusion:
Marathon Digital's August results demonstrate their commitment to expanding their mining operations and accumulating Bitcoin reserves. As the largest US miner, their actions are closely watched by industry observers. Will their strategy pay off in the long run? Only time will tell.
#marathondigital #BitcoinMining #USDataImpact #Write2Earn! #Gravity
đŞ Norwegian fund increases BTC reserves
Norway's sovereign wealth fund (the largest such fund in the world) has increased its bitcoin reserves to 2,446 BTC. The increase amounted to 938 BTC compared to the previous period.
âĄď¸ Curiously, bitcoin investments increased not as a result of direct purchases of the asset, but by investing in shares of cryptocurrency companies: #MicroStrategy , #Coinbase , #marathondigital #block .
Norway's sovereign wealth fund (the largest such fund in the world) has increased its bitcoin reserves to 2,446 BTC. The increase amounted to 938 BTC compared to the previous period.
âĄď¸ Curiously, bitcoin investments increased not as a result of direct purchases of the asset, but by investing in shares of cryptocurrency companies: #MicroStrategy , #Coinbase , #marathondigital #block .
đĽđş$BTC ________đĽ for BTC updates âŤď¸âŤď¸âŤď¸
Marathon Digital Reports Record-Breaking Earnings, Plans to Double Mining Capacity by 2025
BTC - BUY
Reason: Marathon Digital's increased Bitcoin production and ambitious growth plans signal a bullish outlook for Bitcoin.
Signal strength: VERY_HIGH
Signal time: 2024-03-03 05:10:54 GMT
#BTC #marathondigital #mining #BTCUSDT #Signal
Marathon Digital Reports Record-Breaking Earnings, Plans to Double Mining Capacity by 2025
BTC - BUY
Reason: Marathon Digital's increased Bitcoin production and ambitious growth plans signal a bullish outlook for Bitcoin.
Signal strength: VERY_HIGH
Signal time: 2024-03-03 05:10:54 GMT
#BTC #marathondigital #mining #BTCUSDT #Signal
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Bitcoin Miner Marathon Buys $100 Million in BTC and Will Re-adopt 'Full HODL' Strategy
The miner has more than 20,000 bitcoins and plans to buy more on the open market.
Marathon Digital (MARA), one of the largest bitcoin (BTC) miners, bought $100 million worth of BTC on the open market and said it will readopt its strategy of keeping all mined bitcoin on its balance sheet.
The miner said in a statement Thursday that it now has more than 20,000 bitcoins, worth nearly $1.3 billion at current prices, on its balance sheet and plans to buy more on the open market.
"The recent decline in Bitcoin price, coupled with the strength of our balance sheet, provided us with the opportunity to increase our holdings. We look forward to continuing to leverage our technological expertise to support Bitcoin and distributed digital asset ecosystems," said CFO Marathon, Salman Khan.
âAdopting a full HODL strategy reflects our confidence in the long-term value of bitcoin,â said Fred Thiel, president and CEO of Marathon. "We believe that bitcoin is the best treasury reserve asset in the world and we support the idea of ââsovereign wealth funds holding it. We encourage governments and corporations to all hold bitcoin as a reserve asset."
âGiven Bitcoin's current tailwinds, including increased institutional support and an improving macroeconomic environment, we are once again implementing this strategy and focusing on increasing the amount we have on our balance sheet,â Marathon's CFO said.
#BTCâ #Bitcoinâ #Marathon #marathondigital #HotTrens $BTC
The miner has more than 20,000 bitcoins and plans to buy more on the open market.
Marathon Digital (MARA), one of the largest bitcoin (BTC) miners, bought $100 million worth of BTC on the open market and said it will readopt its strategy of keeping all mined bitcoin on its balance sheet.
The miner said in a statement Thursday that it now has more than 20,000 bitcoins, worth nearly $1.3 billion at current prices, on its balance sheet and plans to buy more on the open market.
"The recent decline in Bitcoin price, coupled with the strength of our balance sheet, provided us with the opportunity to increase our holdings. We look forward to continuing to leverage our technological expertise to support Bitcoin and distributed digital asset ecosystems," said CFO Marathon, Salman Khan.
âAdopting a full HODL strategy reflects our confidence in the long-term value of bitcoin,â said Fred Thiel, president and CEO of Marathon. "We believe that bitcoin is the best treasury reserve asset in the world and we support the idea of ââsovereign wealth funds holding it. We encourage governments and corporations to all hold bitcoin as a reserve asset."
âGiven Bitcoin's current tailwinds, including increased institutional support and an improving macroeconomic environment, we are once again implementing this strategy and focusing on increasing the amount we have on our balance sheet,â Marathon's CFO said.
#BTCâ #Bitcoinâ #Marathon #marathondigital #HotTrens $BTC
Bullish #marathondigital Mining Update:
In January, $MARAÂ :
đ Bought 183.5 #BTC selling NONE
đ Now holds total 15,741 $BTC Â worth over $1 BILLION
đ Sustainably operated, NASDAQ-listed
đ Converts energy into BTC
đ Bullish signal for Bitcoin's future
Marathon Digital Holdings:
The largest and most sustainably operated #Bitcoin mining company in North America - Marathon Digital Holdings - continues stacking sats at a rapid pace.
#AltUpdate #ALTUSDT
$ETH $BNB
In January, $MARAÂ :
đ Bought 183.5 #BTC selling NONE
đ Now holds total 15,741 $BTC Â worth over $1 BILLION
đ Sustainably operated, NASDAQ-listed
đ Converts energy into BTC
đ Bullish signal for Bitcoin's future
Marathon Digital Holdings:
The largest and most sustainably operated #Bitcoin mining company in North America - Marathon Digital Holdings - continues stacking sats at a rapid pace.
#AltUpdate #ALTUSDT
$ETH $BNB
Marathon Digital Secures $300M Through An Oversubscribed Offering Of Convertible Senior Notes.
The Proceeds Were Used To Purchase 4,144 $BTC, Valued At Approximately $249M, Boosting Their Strategic Bitcoin Reserve To Over 25,000 BTC.
Marathon - $MARA Continues To Strengthen Its Position In The Crypto Space.
#MarathonDigitalHoldings #Marathon #marathondigital #LowestCPI2021 #BinanceLaunchpoolTON
The Proceeds Were Used To Purchase 4,144 $BTC, Valued At Approximately $249M, Boosting Their Strategic Bitcoin Reserve To Over 25,000 BTC.
Marathon - $MARA Continues To Strengthen Its Position In The Crypto Space.
#MarathonDigitalHoldings #Marathon #marathondigital #LowestCPI2021 #BinanceLaunchpoolTON
Marathon Digital has revealed its Bitcoin production and mining operations update for November, generating a total of 1,187 BTC during the month and reaching a yearly production of 10,999 BTC. As of November 30, the company holds $802.3 million in unrestricted cash, cash equivalents, and Bitcoin. Marathon's Bitcoin holdings stand at 14,025 BTC, with 700 BTC sold for operational needs. The company intends to continue selling BTC for both operational and financial objectives. Stay informed on Marathon's evolving strategies in the dynamic cryptocurrency market. #marathondigital #BinanceTournament #MiningUpdate $BTC
Corporate companies' interest in Bitcoin mining is increasing. âď¸đŞđ°
Marathon Digital Holdings (NASDAQ: MARA) is leading the charge among publicly traded Bitcoin mining companies. Despite the upcoming block subsidy halving in April, institutional investors are increasingly betting on Marathon, signaling a significant shift in sentiment towards Bitcoin mining.
Institutional investors now hold a substantial 38.9% of Marathonâs outstanding shares, totaling 104,212,740 shares out of 268 million.
Notable investors such as Vanguard, BlackRock, Jane Street, Morgan Stanley, and State Street collectively own 22.7% of Marathon Digital Holdings.
With a market capitalization of $5.58 billion, Marathon is spearheading the Bitcoin mining sector, experiencing a remarkable year-over-year gain of 146.69%, with its stock closing at $20.87 per share on March 22.
đšBitcoin Halving and Mining Companies:
Bitcoin undergoes a block subsidy halving approximately every four years, directly impacting mining revenue.
Currently, over 98% of Bitcoin block rewards come from the subsidy, averaging 900 BTC issued daily.
The halving could potentially halve mining revenue if Bitcoinâs price remains constant, affecting companies like MARA whose stock may correlate with Bitcoinâs price movements.
đšInfluence of Institutional Investors and Future Outlook:
The substantial ownership stake by institutional investors in Marathon indicates a bullish outlook on Bitcoinâs future price trajectory.
Wall Streetâs increasing involvement in Bitcoin mining companies suggests a deepening influence over Bitcoinâs security and consensus mechanism.
Despite revenue challenges posed by the halving, institutional support implies a positive long-term outlook for Bitcoinâs price.
#BTC #mining #Marathon #MarathonDigitalHoldings #marathondigital
Marathon Digital Holdings (NASDAQ: MARA) is leading the charge among publicly traded Bitcoin mining companies. Despite the upcoming block subsidy halving in April, institutional investors are increasingly betting on Marathon, signaling a significant shift in sentiment towards Bitcoin mining.
Institutional investors now hold a substantial 38.9% of Marathonâs outstanding shares, totaling 104,212,740 shares out of 268 million.
Notable investors such as Vanguard, BlackRock, Jane Street, Morgan Stanley, and State Street collectively own 22.7% of Marathon Digital Holdings.
With a market capitalization of $5.58 billion, Marathon is spearheading the Bitcoin mining sector, experiencing a remarkable year-over-year gain of 146.69%, with its stock closing at $20.87 per share on March 22.
đšBitcoin Halving and Mining Companies:
Bitcoin undergoes a block subsidy halving approximately every four years, directly impacting mining revenue.
Currently, over 98% of Bitcoin block rewards come from the subsidy, averaging 900 BTC issued daily.
The halving could potentially halve mining revenue if Bitcoinâs price remains constant, affecting companies like MARA whose stock may correlate with Bitcoinâs price movements.
đšInfluence of Institutional Investors and Future Outlook:
The substantial ownership stake by institutional investors in Marathon indicates a bullish outlook on Bitcoinâs future price trajectory.
Wall Streetâs increasing involvement in Bitcoin mining companies suggests a deepening influence over Bitcoinâs security and consensus mechanism.
Despite revenue challenges posed by the halving, institutional support implies a positive long-term outlook for Bitcoinâs price.
#BTC #mining #Marathon #MarathonDigitalHoldings #marathondigital
Marathon Digital Holdings has purchased $100 million worth of Bitcoin and will fully HODL the assets.
#mara #MarathonDigitalHoldings #marathondigital #Bitcoin_Coneference_2024 #bitcoin $BTC
#mara #MarathonDigitalHoldings #marathondigital #Bitcoin_Coneference_2024 #bitcoin $BTC
Bitcoin is going to hit $100K in next 6 months.
â Companies are declaring their Bitcoin holdings.
â Bitcoin reserves are dwindling.
â The State of Wisconsin is Buying $BTC
â Inflation is declining in the US.
đś The State of Wisconsin Investment Boardâs investment in BlackRockâs #BitcoinETF has grown to nearly $100 million.
đś Bitcoin miner Marathon Digital to raise $250,000,000 to purchase more $BTC.
đś DRW Venture Capital discloses $150 million #Ethereum ETF holdings.
đś $2.8 trillion asset manager Goldman Sachs discloses $418 million #BitcoinETF holdings.
đś $1.3 trillion asset manager Morgan Stanley discloses $187 million #Bitcoin ETF holdings.
đś Bitcoin exchange reserves have hit a five-year low.
đś US inflation falls to 2.9%, lower than expectations.
đťExpectations: đŻ%
đťLast Month: đŻ.đ%
If you appreciate my work, please like and share .
#bitcoinnewsupdate #marathondigital #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn
â Companies are declaring their Bitcoin holdings.
â Bitcoin reserves are dwindling.
â The State of Wisconsin is Buying $BTC
â Inflation is declining in the US.
đś The State of Wisconsin Investment Boardâs investment in BlackRockâs #BitcoinETF has grown to nearly $100 million.
đś Bitcoin miner Marathon Digital to raise $250,000,000 to purchase more $BTC.
đś DRW Venture Capital discloses $150 million #Ethereum ETF holdings.
đś $2.8 trillion asset manager Goldman Sachs discloses $418 million #BitcoinETF holdings.
đś $1.3 trillion asset manager Morgan Stanley discloses $187 million #Bitcoin ETF holdings.
đś Bitcoin exchange reserves have hit a five-year low.
đś US inflation falls to 2.9%, lower than expectations.
đťExpectations: đŻ%
đťLast Month: đŻ.đ%
If you appreciate my work, please like and share .
#bitcoinnewsupdate #marathondigital #LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn
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World's largest miner to buy Bitcoin
Bitcoin miner Marathon Digital plans to sell $250 million in private notes to fund Bitcoin purchase
The notes will pay interest every six months and mature on Sept. 1, 2031.
Bitcoin (BTC) mining company Marathon Digital (MARA) said it plans to sell $250 million worth of convertible notes in a private placement to fund bitcoin purchases and general corporate purposes.
The notes will pay interest every six months and mature on Sept. 1, 2031. The interest rate and conversion rate will be set during the pricing process, the Fort Lauderdale, Florida-based miner said in a statement.
The company already owns more bitcoin than its peers, with an inventory of more than 20,800 BTC valued at $1.2 billion at current prices, according to bitcointreasuries. That's more than double that of the next largest, Hut 8.
Marathon sold 51% of the bitcoins it mined in the second quarter to fund its operating costs. However, it recently announced that it bought $100 million worth of bitcoins on the open market and has again adopted a strategy of keeping all BTC on its balance sheet.
#BTCâ #Bitcoinâ #marathondigital #HotTrands #MtGoxJulyRepayments $BTC
Bitcoin miner Marathon Digital plans to sell $250 million in private notes to fund Bitcoin purchase
The notes will pay interest every six months and mature on Sept. 1, 2031.
Bitcoin (BTC) mining company Marathon Digital (MARA) said it plans to sell $250 million worth of convertible notes in a private placement to fund bitcoin purchases and general corporate purposes.
The notes will pay interest every six months and mature on Sept. 1, 2031. The interest rate and conversion rate will be set during the pricing process, the Fort Lauderdale, Florida-based miner said in a statement.
The company already owns more bitcoin than its peers, with an inventory of more than 20,800 BTC valued at $1.2 billion at current prices, according to bitcointreasuries. That's more than double that of the next largest, Hut 8.
Marathon sold 51% of the bitcoins it mined in the second quarter to fund its operating costs. However, it recently announced that it bought $100 million worth of bitcoins on the open market and has again adopted a strategy of keeping all BTC on its balance sheet.
#BTCâ #Bitcoinâ #marathondigital #HotTrands #MtGoxJulyRepayments $BTC
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đ Marathon Digital strengthens its commitment to Bitcoin: acquired 1,423 BTC (â $139.5M) after issuing convertible bonds for $850M. The funds will also cover the repurchase of bonds maturing in 2026. đ°
đĄ With this strategy, Marathon consolidates its leadership in the sector and strongly bets on the potential of BTC. đ #Bitcoin #MarathonDigital #Criptomonedas $BTC
đĄ With this strategy, Marathon consolidates its leadership in the sector and strongly bets on the potential of BTC. đ #Bitcoin #MarathonDigital #Criptomonedas $BTC
#marathondigital Digital Races Past Tech Giants, Becomes Most Traded Stock! ââď¸
Move over, Big Tech! #Bitcoin mining powerhouse Marathon Digital has just dethroned the likes of Tesla, Apple, and Amazon to claim the title of most traded stock in the last 24 hours, racking up a whopping $327 million in trading volume!
#Crypto #NFP #Launchpool
$BTC $XRP $BCH
Move over, Big Tech! #Bitcoin mining powerhouse Marathon Digital has just dethroned the likes of Tesla, Apple, and Amazon to claim the title of most traded stock in the last 24 hours, racking up a whopping $327 million in trading volume!
#Crypto #NFP #Launchpool
$BTC $XRP $BCH
The #Bitcoin mining industry is often misunderstood, particularly by retail investors who focus on basic metrics like $BTC size or holdings.
Rob Chang (CEO of Gryphon Digital Mining) emphasized the need for investors to develop a more sophisticated understanding of mining fundamentals.
George Tung (host of CryptosRUs) highlighted that by supporting miners, investors are supporting the Bitcoin network itself, as miners are essential to maintaining its security and decentralization.
While Bitcoin has risen 30% this year, #mining companies like #marathondigital and #Bitfarms have struggled, yet Tung noted that some mining stocks have outperformed Bitcoin in the short term, suggesting potential investment opportunities.
Rob Chang (CEO of Gryphon Digital Mining) emphasized the need for investors to develop a more sophisticated understanding of mining fundamentals.
George Tung (host of CryptosRUs) highlighted that by supporting miners, investors are supporting the Bitcoin network itself, as miners are essential to maintaining its security and decentralization.
While Bitcoin has risen 30% this year, #mining companies like #marathondigital and #Bitfarms have struggled, yet Tung noted that some mining stocks have outperformed Bitcoin in the short term, suggesting potential investment opportunities.
Explore the recent downturn in Bitcoin mining stocks such as Marathon Digital, Riot Platforms, and CleanSpark as the crypto market prepares for the halving event.
https://btc-pulse.com/bitcoin-mining-stocks-dip-market-anticipates-event/
$BTC #marathondigital #RiotPlatforms #CleanSpark #mining #bitcoin
https://btc-pulse.com/bitcoin-mining-stocks-dip-market-anticipates-event/
$BTC #marathondigital #RiotPlatforms #CleanSpark #mining #bitcoin