Mining company MARA (formerly Marathon Digital) announced that it has acquired $100 million worth of BTC

Time：2024-07-25 08:29 Source：Internet Copy share

The company now holds more than 20,000 BTC ($1.3 billion). The average purchase price is unknown.In addition, MARA has completely switched to a hodla strategy, meaning it will not sell the bitcoins it mines.Moreover, the company will periodically buy bitcoins to increase its reserves.MARA will use its existing cash reserves to fund its operations.

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