PANews reported on August 15 that Marathon Digital Holdings (MARA), a US bitcoin mining company, disclosed in its official blog that as of July 31, 2024, MARA held 20,818 bitcoins on its balance sheet, second only to MicroStrategy. Between August 12 and August 14, 2024, MARA purchased 4,144 BTC (about $249 million) using proceeds from the issuance of convertible notes. This purchase, combined with the BTC mined by the company so far this month, has increased the total amount of bitcoin held by MARA on its balance sheet to more than 25,000 BTC.
