Marathon Buys 700 BTC, Plans More Purchases

Marathon Digital Holdings Inc. (NASDAQ: MARA), commonly known as MARA, has addedย 703 BTCย to its holdings this November. This brings its total Bitcoin stash to 34,794 BTC, worth $3.3 billion today. With this, Marathon is now the second-largest company holding Bitcoin, just behind MicroStrategy.

The company, which is focused on Bitcoin,ย raised $1 billionย by selling special financial notes that donโ€™t charge interest. From this, the company used $200 million to buy back older notes. The rest, $160 million, is set aside to buy more Bitcoin in theโ€ฆ

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