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Marathon Digital Hits $752M in Mining Revenue, Becomes Second-Largest Corporate BTC Holder

  • 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.

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