Marathon Digital Buys $249M Worth of Bitcoin

Quick Summary:

Marathon Digital, a prominent Bitcoin (BTC) mining company, has purchased a whopping $249 million worth of BTC.

This comes after successfully completing a senior note offering worth $300 million amid a BTC price dip to $58,00.

The dip significantly impacted the overall crypto market capitalization.

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Article Details

Author / Journalist: Parth Dubey

Category: Crypto

Markets: India

Topics: Bitcoin BTC Market Market News News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-15 @ 09:50:59 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 152 words

Reading Time: 1 minutes read

Sentences: 46 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22087256

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 15 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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