Marathon Digital stock reaches 6-year high as company HODLs $460M Bitcoin By
United States-based crypto mining company Marathon Digital Holdings holds more than $460 million in (BTC), mainly from mining and purchases since last year.
According to a Tuesday report, the mining firm said it had been HODLing all Bitcoin generated from its mining operations — roughly 2,640 BTC — since its last sale in October 2020. In addition, Marathon Digital purchased more than 4,812 BTC in January when the price of the crypto asset was under $35,000. At the time of publication, the BTC price is $62,056, giving the mining firm’s 7,453 BTC holdings a value of roughly $462 million.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.