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0.000498256103637347 0.00124564025909328 0.0034877927254609 0.00398604882909825 0.0069755854509218 0.00896860986547084 0.00498256103637277 0.00257100149476834
Stock impact report

MARA Purchases $100 Million of Bitcoin

MARA Holdings, Inc. (MARA) 
Last mara holdings, inc. earnings: 8/14 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.marathonpg.com
Company Research Source: GlobeNewswire
MARA Updates Treasury Policy to HODL All Bitcoin; Current Bitcoin Holdings Surpass 20,000 BTC Fort Lauderdale, FL, July 25, 2024 (GLOBE NEWSWIRE) -- MARA (NASDAQ: MARA) ("MARA” or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today announced that it has purchased $100 million of bitcoin and currently holds over 20,000 BTC on its balance sheet. Furthermore, effective immediately, MARA will adopt a full HODL approach towards its bitcoin treasury policy, retaining all bitcoin mined in its operations, and will periodically make strategic open market purchases. "Adopting a full HODL strategy reflects our confidence in the long-term value of bitcoin," said Fred Thiel, MARA’s chairman and CEO. "We believe bitcoin is the world’s best treasury reserve asset and support the idea of sovereign wealth funds holding it. We encourage governments and corporations to all hold bitcoin as a reserve asset.” “Prior to last year, the co Show less Read more
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