Marathon Digital Goes on 6,474 Bitcoin Buying Spree, Reserves $160M for a Rainy Day

U.S.-based Bitcoin mining company Marathon Digital Holdings (MARA) has secured an extra 703 Bitcoin, bringing its total BTC purchased in November to 6,474 BTC at an average price of $95,395 per BTC. In a statement on X, MARA announced that it has also set aside $160 million in remaining proceeds to purchase more Bitcoin at a lower cost in the future.  The strategic acquisition came after the... source: https://news.shib.io/2024/11/28/marathon-digital-goes-on-6474-bitcoin-buying-spree-reserves-160m-for-a-rainy-day/?utm_source=rss&utm_medium=rss&utm_campaign=marathon-digital-goes-on-6474-bitcoin-buying-spree-reserves-160m-for-a-rainy-day