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Marathon Plans $2B Stock Sale to Buy Bitcoin and Expand

  • Marathon Digital plans to raise $2 billion through a stock offering to expand its operations and purchase more Bitcoin.
  • The funds will be used to cover operational needs and invest in additional Bitcoin.
  • Marathon is adopting a strategic approach by utilizing wind energy for mining operations and engaging in short-term Bitcoin lending.
  • Despite market skepticism, Marathon's long-term expansion plans and stock offering may present an opportunity for interested investors.

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