Marathon Digital, the world's largest Bitcoin mining company, increased its Bitcoin reserve to over 20,000 BTC with the purchase of $ 100 million BTC. 🎉

By switching to a strategy of holding a Bitcoin treasury, the company will hold all the BTC it produces and periodically make purchases on the open market. CFO Salman Khan stated that this strategy reflects their confidence in the long-term value of Bitcoin.

Marathon diversifies its revenues, earning not only from BTC but also from other networks such as Kaspa. According to Bitfinex analysts, Bitcoin's recent recovery will make mining operations more profitable. 💼