Bitcoin

Marathon Digital Holdings (MARA) has grown its <a href="https://optimisus.com/news/crypto-news/justin-sun-deposits-119-7m-in-ethereum-into-htx-after-ethereum-hit-4000/" rel="noopener noreferrer nofollow">cryptocurrency collection</a> by buying 11,774 BTC for $1.1 billion. Now, it holds a total of 40,435 BTC.MicroStrategy, the biggest public holder of <a href="https://optimisus.com/news/crypto-news/over-1-4-billion-worth-of-crypto-long-positions-were-liquidated-in-the-past-hour/" rel="noopener noreferrer nofollow">Bitcoin</a>, recently announced that it bought 21,550 BTC for $2.1 billion. MARA recently bought something using money from selling zero-coupon convertible notes, as stated in a recent SEC filing.Public companies are increasingly investing in Bitcoin, and MARA has seen a 47.6% return on its Bitcoin investments this year. MARA bought Bitcoins for about $96,000 each, making their total holdings worth around $3.9 billion at current market prices.Michael Saylor, the co-founder of MicroStrategy, praised MARA&#39;s strong returns and pointed out the competition between the two companies. On December 10, Bitcoin&#39;s price was around $96,000, which is a small drop from its recent high of almost $103,650.Bitcoin&#39;s value changes often align with important corporate choices, like a key Microsoft shareholder vote about possibly adding Bitcoin to its treasury. Big companies are buying a lot of Bitcoin, showing that more institutions see crypto as a valuable asset.

Bitcoin mining firm MARA spends $1.1 billion for 11,774 BTC

Optimisus

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