Bitcoin

Marathon Digital Holdings (MARA), a prominent <a href="https://optimisus.com/news/crypto-news/arthur-hayes-co-founder-of-bitmex-says-bitcoin-btc-will-have-a-strong-week/" rel="noopener noreferrer nofollow">Bitcoin</a> mining enterprise, has augmented its Bitcoin reserves to 26,200 BTC, approximately valued at $1.5 billion.The corporation acquired more than 4,144 BTC on August 14, increasing its reserves to over 25,000 BTC. As of the end of August, MARA&#39;s Bitcoin holdings totaled 25,945 BTC.https://twitter.com/MarathonDH/status/1834040010682630306MARA adheres to a &#34;HODL&#34; strategy, retaining all mined BTC and intends to execute periodic acquisitions. This has established MARA as the world&#39;s second-largest publicly traded holder of Bitcoin, following MicroStrategy. MARA&#39;s holdings currently represent around 0.12% of Bitcoin&#39;s total supply.Recently, Kraken cryptocurrency exchange <a href="https://optimisus.com/news/crypto-news/crypto-exchange-kraken-removes-the-lightning-network-feature-for-customers-in-germany/" rel="noopener noreferrer nofollow">announced</a> it has removed the Bitcoin Lightning Network service for its users in Germany owing to technical modifications. Added info: <a href="https://optimisus.com/news/crypto-news/bitstamp-plans-to-distribute-mt-gox-bitcoin-and-bitcoin-cash-on-july-25/" rel="noopener noreferrer nofollow">The cryptocurrency exchange Bitstamp</a>, which is going to be acquired by the trading software known as Robinhood, intends to work with Ripple on this endeavor.

Marathon Digital adds over 5,000 BTC to its holdings in the last month

Optimisus

Other articles published on Sep 16, 2024

Weekend Wrap: Early Solana Firedancer, Bill Maher wrong about crypto, and more

Invest $1,000 in These Altcoins Now for a Chance at a $1 Million Portfolio by 2025

BitGo unveils all-in-one custody platform for Web3 tokens amid rising DeFi risks

Ripple (XRP) Rallies Since September 6, Approaching $0.60 Resistance

Whale Moves $34M BNB to Binance

Coinbase CEO Says No to Proof of Reserves

Join our free newsletter for daily crypto updates!