Marathon Digital Holdings, the world's largest Bitcoin mining firm, has held onto all its Bitcoin despite the cryptocurrency's recent downtrend. As of June, the company had 18,536 Bitcoin worth over $1.1 billion. Marathon aims to strengthen its Bitcoin holdings through open market purchases and other investment opportunities. However, the firm may sell some of its Bitcoin in the future to support operations and manage its treasury. Marathon Digital has also doubled its operational hash rate year-over-year to 26.3 exahashes in June, thanks to improvements in its Ellendale facility. The company aims to reach 50 exahashes by the end of 2024.