Marathon Digital Holds 25,945 BTC Despite Market Decline

Marathon Digital Holdings continues to strengthen its position as a leading Bitcoin miner, holding 25,945 BTC as of August 31, 2024. Despite facing a 3% drop in production during August, the company remains committed to its strategy of not selling any Bitcoin during the downturn.

With a hashrate of 35.2 EH/s, Marathon aims to reach 50 EH/s by the end of 2024. This strategic approach underlines the company’s confidence in Bitcoin’s long-term value, choosing to hold its assets rather than selling them during periods of price volatility.