CandleFocus Marathon Digital Mirrors MicroStrategy with Massive Bitcoin Investments
2024-11-26
Author: Content Editor
MicroStrategy and Marathon Digital Holdings have made significant Bitcoin purchases, showcasing the growing institutional interest in the cryptocurrency market. MicroStrategy purchased 55,500 BTC tokens, bringing their total holdings to nearly 386,700 BTC tokens. Marathon Digital Holdings also made a large purchase, increasing their holdings from 25,945 BTC to 33,875 BTC. The CEOs of both companies highlighted the confidence of institutional investors in Bitcoin and their strategies to leverage low-cost capital for these purchases. The overall trend of the market is expected to remain bullish, despite potential price corrections in the future.
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