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MARA Expands Bitcoin Holdings with $1.53 Billion Acquisition

MARA Holdings acquires 15,574 BTC for $1.53 billion and plans further Bitcoin purchases, boosting its position in crypto market. MARA Holdings has made significant moves to expand its Bitcoin holdings, acquiring 15,574 BTC for approximately $1.53 billion. At that time, Bitcoin was priced at around $98,529 per BTC. The news was shared through the company’s MARA X account. Aside from this acquisition, MARA also repurchased about $263 million of its existing convertible notes due 2026. According...

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Bernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022

CoinspeakerBernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022 Be­rnstein re­port states that the decline­ in difficulty is due to the combination of lower Bitcoin price­s and a significant increase in mining equipme­nt costs since the last Bitcoin halving in May 2020. Bernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022

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Bitcoin Miner Marathon Digital (MARA) Stock Tops US Trading Charts

Marathon Digital and Riot Platforms, sensing the potential for increased demand, have made strategic moves to fortify their positions in the market. In the last 24 hours, Marathon Digital Holdings Inc (NASDAQ: MARA) has witnessed a remarkable 105 million shares in trading volume, surpassing established blue-chip stocks such as Tesla Inc (NASDAQ: TSLA), Apple Inc (NASDAQ: AAPL), and Amazon.com Inc (NASDAQ: AMZN), according to data from Yahoo Finance. Marathon Digital Shares Records Rising...

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Marathon Digital (MARA) Stock Surges Over 628% YTD amid Significant Drop from ATH

Recent reports demonstrate that Marathon Digital has been eager to expand its business. The stock of Bitcoin mining company Marathon Digital Holdings Inc (NASDAQ: MARA) has so far seen remarkable growth in 2023. This follows after it surged 628.82% since January 1 to bring its current price to $26.47 on MarketWatch. Although the stock price shows a major decline from its all-time high of $166.40, it also indicates an appreciable gain over the last 12 months. The rise of MARA, however,...

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