Marathon Digital increased its holdings by 2,282 BTC in July, bringing its total holdings to 20,818 BTC.
Bitcoin miner Marathon Digital Holdings continues to increase its bitcoin holdings as part of its "hold it all" strategy. In July, Marathon Digital increased its holdings by 2,282 BTC, worth more than $124 million at its current valuation. This means that Marathon's bitcoin holdings reached 20,818 BTC, worth more than $1.14 billion.
In addition to buying BTC, Marathon also increased its Bitcoin production in July to 692 BTC, a 17% increase from the previous month. The announcement stated that the company held a total of $1.60 billion worth of Bitcoin and cash. Notably, Marathon also did not sell any Bitcoin in June.