Marathon Digital buys additional Bitcoin worth $40 million

Source
Son Min

Summary

  • Marathon Digital Holdings reportedly took advantage of the recent market plunge to buy an additional approximately $45.9 million, about 400 BTC.
  • The company said it purchased the Bitcoin through its custodian, Anchorage Digital.
  • Marathon's current Bitcoin holdings are said to be about 52,850 BTC.

Marathon Digital Holdings, a Bitcoin (BTC) mining company listed on the U.S. stock market, reportedly took advantage of the recent market plunge to buy an additional approximately $45.9 million (about 400 BTC) worth of Bitcoin.

On the 13th (local time), according to CoinDesk, Marathon purchased about 400 bitcoins through its custodian Anchorage Digital. Marathon currently holds about 52,850 BTC.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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