MARA Holding has purchased $1.1 billion in Bitcoin and holds 40,435 BTC

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MARA Holding, azienda di mining quotata al NASDAQ, ha annunciato di aver acquistato 1,1 miliardi di dollari in Bitcoin, detenendo un totale di 40.435 BTC. Non solo, MARA ha anche raggiunto il suo report di hashrate di 50 EH/s. 

MARA Holding: the brand new $1.1 billion buy in Bitcoin with a suggestion of convertible notes

MARA Holding has introduced that it has executed its new buy of 11,774 Bitcoin (BTC), for 1.1 billion {dollars}. 

In follow, MARA Holding used the proceeds from its zero-coupon convertible notes providing on the finish of final month, buying the 11,774 Bitcoin (BTC) at a mean buy worth of 96,000 {dollars}. 

As of in the present day, the mining firm listed on NASDAQ holds a complete of 40,435 BTC, equal to over 3.9 billion {dollars}. 

Not solely that, the corporate reported having achieved a “BTC Yield” of 12.3% in the fourth quarter and 47.6% this 12 months. 

MARA Holding and the hashrate report at 50 EH/s for the primary publicly traded BTC mining firm

Another important milestone for MARA Holding is the hashrate report of fifty EH/s achieved, turning into the first publicly traded Bitcoin mining firm to cross this threshold. 

The CEO of MARA, Fred Thiel, took it upon himself to touch upon the occasion, who commented as follows:

“Mission accomplished… but why stop here? Stay tuned because we have more miners on the shelf and we will continue to add them using our existing capacity.”

The arrival of Bitmain ASICs in the USA

And talking of Bitcoin mining, recently Bitmain, the well-known Chinese firm that produces ASICs for BTC, introduced its intention to now concentrate on the United States for its ANTMINER S21 Pro line. 

The firm has promised that the supply of the primary batch will happen in this similar month of December.

This selection of enlargement in the USA by Bitmain is a technique for faster response instances and extra environment friendly providers for North American prospects.

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