Marathon Digital has once again shown off in Mining: in September, they mined 736 BTC in a single month, which is a 4% rise compared to August, and they also packaged 218 Blocks.
More hardcore data has arrived - their BTC accumulation has surged from 50,639 coins at the end of August to 52,850 coins at the end of September. What does this mean? Simply put, among publicly listed companies globally, Marathon's BTC reserves rank second, only surpassed by MicroStrategy's over 640,000 coins.
To be frank, in the current situation where institutions are stockpiling coins, these mining enterprises are directly hoarding the coins produced, which is equivalent to using mining as a "coin-absorbing machine". This operation indeed has its merits—earning mining profits while also enjoying the rise in BTC.
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Marathon Digital has once again shown off in Mining: in September, they mined 736 BTC in a single month, which is a 4% rise compared to August, and they also packaged 218 Blocks.
More hardcore data has arrived - their BTC accumulation has surged from 50,639 coins at the end of August to 52,850 coins at the end of September. What does this mean? Simply put, among publicly listed companies globally, Marathon's BTC reserves rank second, only surpassed by MicroStrategy's over 640,000 coins.
To be frank, in the current situation where institutions are stockpiling coins, these mining enterprises are directly hoarding the coins produced, which is equivalent to using mining as a "coin-absorbing machine". This operation indeed has its merits—earning mining profits while also enjoying the rise in BTC.