Marathon Digital, one of the world’s largest Bitcoin miners, has taken action to raise a large amount of funds.
According to the document submitted by Marathon Digital to the US Securities and Exchange Commission (SEC), the company sold shares in total $750 million plans to collect.
According to the report published at the beginning of the month, the company had reserves as of September 30. 13,726 Bitcoins holds and on the moon More than 1,000 Bitcoins produces.
According to the document submitted to the SEC, Marathon will use some of the money it will raise to purchase a Bitcoin mining server. The company plans to use the rest of the money for general expenses.
Marathon Digital’s stock is publicly traded on the stock exchange under the ticker symbol MARA. MARA took action with the rise in Bitcoin price this week and has been trading since the beginning of the week. gained 12% in value.
MARA, which has been increasing since the beginning of the year, $3.40 compared to price 164% appreciated Today it is trading at $9. Share price in July up to over $19 was out.
Marathon Digital’s next month It is expected to publish a report for the third quarter of the year.