Bitcoin Miner Marathon Digital to Raise $805M to Buy More BTC
Amid the growing trend of accumulating the leading cryptocurrency, Bitcoin miner Marathon Digital has announced its intention to raise up to $805 million to buy more BTC. Indeed, the miner is set to increase its holdings after the asset enjoyed unprecedented success in November. Although the token has recently stumbled back to the $95,000 price, it is mere weeks removed from hitting a $99,000 all-time high. Moreover, the asset is still up more than 36% in the last 30 days despite its recent correction, according to CoinMarketCap. Now, Marathon Digital is among the businesses looking to ramp up acquisition efforts. JUST IN: #Bitcoin miner Marathon Digital to raise up to $805,000,000 to buy more $BTC. — Watcher.Guru (@WatcherGuru) December 2, 2024 Also Read: Marathon Digital to Raise $1B to Buy Bitcoin Marathon Digital Eyes $805M to Bitcoin After 6,484 BTC Purchase Since Donald Trump won the 2024 US presidential election, the crypto market has been on a massive bull rally. Tokens like Ri...