Marathon Digital Holdings raises $250M to buy Bitcoin, aiming to become a leader in mining

From CoinTelegraph
August 12, 2024
7:45 AM:

Marathon Digital Holdings announces raising $100 million to purchase Bitcoin as a strategic reserve asset. This move is part of Marathon’s plan to become a leader in the global Bitcoin mining industry. The company aims to secure its position in the digital asset market by accumulating more Bitcoins.

Read more at Cointelegraph: World’s largest Bitcoin miner announces $250M raise to buy more Bitcoin