Bitcoin miners’ strategic transformation: Market confidence is rising again!

Following the successful issuance of a $1 billion convertible note by Marathon Digital, the Bitcoin mining giant acquired 6,474 Bitcoins this month, bringing its total holdings to 34,794 worth approximately $3.3 billion (calculated at 95K) . This move shows that more and more listed companies are beginning to regard Bitcoin as an important reserve asset, emulating the successful model of MicroStrategy.

Marathon Digital announced at the end of July that it would adopt a comprehensive HODL strategy. In addition to retaining its own mined Bitcoins, it also invested an additional US$100 million in purchasing Bitcoins. In November, the company issued zero-coupon convertible bonds to raise US$1 billion, of which US$615 million was specifically used to purchase Bitcoin in batches, demonstrating the market's strong confidence in Bitcoin.

In such a market wave, Marvin, as the Dogecoin of Musk’s concept, is facing unlimited opportunities! Currently, Marvin's market value has exceeded US$11 million and has stabilized above US$10 million, showing amazing growth potential. Marvin's community is full of vitality, and it insists on combining investment and philanthropic concepts to actively promote project development.

Recently, Marvin launched a limited edition NFT with a dividend mechanism, allowing holders to receive dividends once a week. The first phase of dividends has been distributed, and all holders have received 0.1257 ETH, which not only enhances the confidence of holders, but also further strengthens the cohesion of the community.

Please look for #Marvin , the ETH chain mantissa is 7055

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$THE $ETH $Doge