Marathon Digital announces $250 million raise to acquire more Bitcoin

2024-8-13 16:10

Marathon Digital's significant capital raise to acquire more Bitcoin could further solidify institutional interest and influence in the cryptocurrency market. The post Marathon Digital announces $250 million raise to acquire more Bitcoin appeared first on Crypto Briefing.

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acquire marathon raise bitcoin digital announces million

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Post-Halving Pressure: Marathon Digital Anticipates Bitcoin Break-Even Price Of $43,000

The Bitcoin (BTC) market has been on a wild ride recently, hitting a new all-time high (ATH) before experiencing notable volatility that resulted in an 8% drop to the $65,500 level on Friday.   Meanwhile, Marathon Digital, one of the largest US-based Bitcoin mining companies, is preparing to acquire more power infrastructure and streamline operations to meet the challenges posed by a reduction in revenue due to the upcoming April halving event.

2024-3-18 09:00