Marathon Digital has reached $752 million in mining revenue, becoming the second-largest corporate holder of Bitcoin with over $5 billion worth of BTC.
Strategy remains the top player with 580,250 BTC valued at more than $63.5 billion, while Marathon holds 48,237 BTC, surpassing other U.S.-based mining companies.
Public companies, including Tesla, Coinbase, and Block, Inc., are showing increasing confidence in Bitcoin by holding significant amounts of BTC in their treasuries.
These corporate Bitcoin holdings reflect a trend where companies are considering digital assets as a strategic reserve and preparing for a future where they play a vital role in finance and balance sheet management.