Marathon Digital: 3.3B$ in Bitcoin Holdings and Growing 🚀


Marathon Digital (MARA) now holds 34,794 BTC, valued at 3.3B$, after acquiring 6,474 BTC in November. Funded by $980M from a zero-interest note offering, Marathon is doubling down on Bitcoin while diversifying into AI and emerging tech.


🔹 2nd Largest Corporate $BTC Holder

Trails MicroStrategy but holds 0.16% of Bitcoin’s supply.

Public companies’ collective Bitcoin holdings surged to 508,111 BTC this year.


🔹 Riding the Corporate #Bitcoin Trend

Rumble & Genius Group also boosted BTC reserves, following Marathon's lead.


🔹 Strategic Resilience

Exploring diversification to mitigate crypto volatility.

Despite Q3 earnings challenges, MARA's stock is up 14% YTD.


Bitcoin mining meets corporate innovation—Marathon's next move? 👀

#MarathonDigital #Macro Insights#

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November 28, 2024 at 12:51 PM
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