In Brief Marathon Digital purchased 11,774 Bitcoin for $1.1 billion, using funds from a zero-coupon convertible notes offering. Marathon now holds 40,435 Bitcoin, valued at $3.9 billion, aligning with a trend among major firms. The company supplements mining with direct BTC buys, mirroring moves by firms like Riot Platforms. Marathon Digital Holdings (MARA) purchased 11,774…
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In Brief Marathon Digital has signed an $80 million agreement with Kenya’s Ministry of Energy and Petroleum. This initiative supports the firm’s strategy to diversify its operations amidst rising Bitcoin mining difficulty. Crypto stakeholders suggest that the Marathon’s move points to the future of Bitcoin mining activities. Marathon Digital, a Bitcoin mining firm, signed an…
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