TechFlow news, December 10 — Marathon Digital Holdings (MARA), a Nasdaq-listed Bitcoin mining company, announced it has acquired an additional 11,774 bitcoins at an average price of $96,000 per bitcoin through zero-coupon convertible notes financing, totaling approximately $1.1 billion in investment.
As of December 9, 2024, MARA’s total holdings have reached 40,435 bitcoins. Based on the current spot price of $96,500 per bitcoin, the market value of its holdings is approximately $3.9 billion. The company's Bitcoin returns for quarter-to-date (QTD) and year-to-date (YTD) have reached 12.3% and 47.6%, respectively.
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