Marathon Digital Invests  $100M in Bitcoin

A Bold Move   |  July 26, 2024

MARATHON DIGITAL  Invests in Bitcoin

Marathon Digital, a major North American Bitcoin miner, has acquired $100M in Bitcoin.

Bullish on Bitcoin's Future

CEO Fred Thiel expressed confidence in Bitcoin's long-term potential, reflecting belief in its growth.

Expanding Bitcoin Holdings

This purchase adds to Marathon's Bitcoin holdings, valued at $84.8M as of Dec 31, 2021.

The acquisition underscores Marathon's belief in Bitcoin's long-term value and inflation hedge.

All Work Should Be Play

Diversifying Investments

Commitment to Bitcoin

Marathon's investment in Bitcoin may attract institutional investors and drive up prices in the crypto market.

Bitcoin Nears $70K,  Must Hold Above $67K

📈 Positive BTC Signals:

> Trump Campaign Donations

> US ETF Buys 484 BTC

> Institutional Adoption

The $100 Million Bitcoin Buy: Full Report