Largest Miner Marathon Digital Goes “Full HODL”, Adds to $1.28 Billion Bitcoin Stash

Bitcoin miner Marathon Digital has purchased US$100M in Bitcoin, signalling a shift in operational strategies.
The company intends to adopt a “full HODL” approach and will hold more BTC on its balance sheet.
Further, all mined BTC will be retained and with the intention to buy more in the open market.

Mining giant Marathon Digital (MARA) is in full swing after buying US$100M (AU$1.53M) worth of Bitcoin, readopting its “full HODL” strategy of adding Bitcoin to its balance sheet.

Per a press release, Marathon Digital intends to hold Bitcoin in its treasury, retain all BTC mined from operations, and periodically make strategic open-market purchases. However, the company did not specify the date of purchase, but rather said in a statement: