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TechFlow reported on December 6 that, according to Lookonchain monitoring, Bitcoin mining company Marathon Digital has increased its holdings by 1,423 BTC—worth approximately $139.5 million—over the past six hours. Previously, Marathon announced the completion of its second $850 million convertible bond offering, with proceeds primarily used to purchase Bitcoin and partially repurchase existing bonds maturing in 2026.
According to Lookonchain monitoring, Bitcoin mining company Marathon Digital has acquired an additional 1,423 BTC in the past six hours, worth approximately $139.5 million. Previously, Marathon announced the completion of its second tranche of $850 million in convertible bond offerings, with proceeds primarily used to purchase Bitcoin and partially repurchase existing bonds maturing in 2026.
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