Marathon: record of Bitcoin in October

Marathon: record of Bitcoin in October

9 November 2022

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Marathon is a digital asset technology company that extracts cryptocurrencies. Has a focus on blockchain ecosystem and generation of digital assets. 

It’s the Bitcoin mining company and obtained the record of the second largest holder of Bitcoin.

Marathon doesn’t have its infrastructure behind its mining machines; for this reason, it had very hard months.

CEO Marathon Digital Fred Thiel, said that now the business has 11,300 BTC, which corresponds approximately to $205 million. 

In a tweet, Thiel said that they improved their Bitcoin production, from 72 in July, to 184 in August, then 360 in September, and then 615 - a record - in October. October, in fact, was the most productive month in their Company’s history…

Thiel added that he want’t sold Marathon’s Bitcoin and will continue with this business scheme.

SOURCE: CoinTelegraph 

READ ABOUT MiCA LEGISLATION IN CRYPTO REGULATION… 

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