BULLISH BITCOIN NEWS AS ONE OF THE BIGGEST BTC MINERS PLAN TO RAISE 250M TO PURCHASE BITCOIN?
Bitcoin Miner Marathon Digital Plans $250M Private Note Sale to Fund Bitcoin Buying,
The company already holds more bitcoin than its peers, with a stash of more than 20,800 BTC valued at $1.2 billion at current prices, according to bitcointreasuries.com. That’s more than double the next biggest,
Marathon sold 51% of the bitcoin it mined in the second quarter to fund its operating costs. However, it recently announced that it bought $100 million worth of bitcoin in the open market and re-adopted a strategy to fully hold all BTC in its balance sheet.
will other miners follow Marathon digital's strategy? or will they keep dumping $BTC like noobs? lmk what you think.
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