Marathon’s first Bitcoin sale in 2 years not the result of distress
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The second largest publicly-listed holder of Bitcoin, crypto mining firm Marathon Digital Holdings has offloaded some of its Bitcoin for the first time in two years.
A spokesman told Cointelegraph this was not a result of financial distress.
As per a January
Marathon is the second biggest publicly-listed holder of Bitcoin according to CoinGecko, beaten only by software analytics company Microstrategy, and has recorded a significant boost in its share price since the beginning of 2023, increasing to $8 for a percentage gain of 135% according to MarketWatch.
