@mutichain
The mining company Marathon Digital announced a $100 million Bitcoin purchase and a transition to a HODL strategy!
š° The company now holds over 20,000 BTC ($1.3 billion). The average purchase price is unknown.
Moreover, MARA has fully adopted a HODL strategy, meaning it will not sell the bitcoins it mines. š
Additionally, the company will periodically buy bitcoins to increase its reserves.
š² To fund its operations, MARA will use its existing cash reserves.