According to ChainCatcher, according to Cointelegraph, Bitcoin mining company Marathon Digital Holdings continues to increase its Bitcoin holdings as part of its "full holding" strategy. In July, Marathon Digital increased its holdings by 2,282 BTC, which is worth more than $124 million at current valuations. This means that Marathon's Bitcoin holdings reached 20,818 BTC, worth more than $1.14 billion.
In addition to purchasing BTC, Marathon also increased its Bitcoin production in July to 692 BTC, a 17% increase from the previous month. The announcement stated that the company holds a total of $1.6 billion worth of Bitcoin and cash. It is worth noting that Marathon did not sell any Bitcoin in June.
