Marathon Digital Holdings, Inc. (MARA) is a publicly traded digital asset investment company.
As of March 31, 2021, Marathon owned approximately 4,812 Bitcoin. .
At current prices, that would put the value of Marathon’s Bitcoin holdings at over $400 million. That’s a significant sum, but it’s worth keeping in mind that Marathon is a fairly large company with a market capitalization of nearly $2 billion.
NOTE: This is a warning note to advise caution when researching the topic of “How Much Bitcoin Does Marathon Digital Own?”
It is important to note that Marathon Digital can change their holdings of Bitcoin at any time. The company also may not disclose their total holdings, or even what percentage of the total market they own. Therefore, any information found online should be taken with a grain of salt and verified with reliable sources.
In addition, it is important to remember that the value of Bitcoin can fluctuate drastically over short periods of time. Therefore, any estimates or projections about Marathon Digital’s holdings should be considered speculative and not used for investment decisions.
So while Marathon’s Bitcoin holdings are sizable, they make up a relatively small percentage of the company’s overall value. That said, given the recent surge in Bitcoin prices, it’s likely that Marathon’s Bitcoin holdings are now worth significantly more than they were just a few months ago.
And given the company’s stated interest in investing in digital assets, it’s possible that Marathon will add to its Bitcoin holdings in the future. So for now, Marathon appears to be a fairly large player in the Bitcoin space.
But as the saying goes, “the bigger they are, the harder they fall.” And if Bitcoin prices were to crash, Marathon could see its holdings lose a significant amount of value.
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Bitfarms is one of the largest bitcoin mining companies in North America, and owns several major bitcoin mining farms across the continent. The company has been in operation since 2014, and is one of the oldest and most well-established miners in the space. According to Bitfarms’ website, the company owns and operates five bitcoin mining farms, located in Quebec and Washington State.
Galaxy Digital, the digital asset merchant bank founded by Mike Novogratz, holds about $290 million worth of bitcoin, according to a filing with the US Securities and Exchange Commission (SEC). The holding is equivalent to about 2.5% of the company’s total assets, and was disclosed in a Form 10-Q filed with the SEC on Wednesday. Galaxy Digital did not disclose how much it paid for the bitcoin, or when it acquired the cryptocurrencies.
According to a report from The Block, Galaxy Digital, the crypto merchant bank founded by Mike Novogratz, holds around $290 million in Bitcoin. The Block’s analysis is based on Galaxy Digital’s public filings with the Securities and Exchange Commission (SEC). Galaxy Digital is one of the most active investors in the cryptocurrency space.
As of September 2019, Block.one, the company behind the EOSIO protocol, owns approximately 10% of all Bitcoin. This is according to a report by Bloomberg, which estimates that the company has amassed a total of $3 billion worth of cryptocurrency. The report goes on to say that Block.one has been one of the most active investors in the cryptocurrency space over the past year.
Galaxy Digital Holdings, a digital asset merchant bank founded by Mike Novogratz, holds about $290 million in bitcoin as of March 31st, 2020. The firm’s bitcoin holdings represent about 2.
4% of its $12.1 billion in total assets. Galaxy Digital’s bitcoin holdings increased by $40 million during the first quarter of 2020, despite the coronavirus pandemic and the associated market sell-off in March.
MicroStrategy, a publicly traded business intelligence company, has made a big bet on Bitcoin. The company has invested $425 million in the cryptocurrency, buying 21,454 bitcoins. That gives MicroStrategy a total of 38,250 bitcoins, worth about $2.
19 billion at current prices.
Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.
Galaxy Digital, the cryptocurrency merchant bank founded by Mike Novogratz, has disclosed in a regulatory filing that it now owns $272 million worth of Bitcoin. The figure was included in Galaxy’s quarterly report for the three months ending March 31, 2018. The report shows that the firm increased its BTC holdings by $134 million during the quarter.
