{"id":25801,"date":"2024-07-25T22:30:32","date_gmt":"2024-07-25T19:30:32","guid":{"rendered":"https:\/\/coinengineer.io\/?p=25801"},"modified":"2024-07-25T18:42:07","modified_gmt":"2024-07-25T15:42:07","slug":"marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/","title":{"rendered":"Marathon Digital Purchases $100 Million Bitcoin, Adopts HODL Strategy"},"content":{"rendered":"<p>Marathon Digital Holdings (MARA) has made a significant move in the cryptocurrency space by purchasing $100 million worth of Bitcoin and adopting HODL (Hold on for Dear Life) strategies. This development revealed that the company is facing a legal fine of 139 million and is trying to solidify its bullish halt on the future of Bitcoin.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#Marathon_Digitals_Strategic_Bitcoin_Acquisition\" title=\"Marathon Digital&#8217;s Strategic Bitcoin Acquisition\">Marathon Digital&#8217;s Strategic Bitcoin Acquisition<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#The_Logic_Behind_the_Bull_Stance\" title=\"The Logic Behind the Bull Stance\">The Logic Behind the Bull Stance<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Marathon_Digitals_Strategic_Bitcoin_Acquisition\"><\/span>Marathon Digital&#8217;s Strategic Bitcoin Acquisition<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Marathon Digital today announced the ability to purchase 100 million Bitcoins, bringing the total to over 20,000 BTC. The move reflects the company&#8217;s growing confidence in cryptocurrency as a corporate asset. Alongside this acquisition, MARA has moved to a full HODL strategy, continuing to hold all canceled Bitcoin throughout its operations and through regular open market purchases.<\/p>\n<p><em>Might interest you: <a href=\"https:\/\/coinengineer.net\/blog\/trump-to-speak-at-major-bitcoin-conference-details-revealed\/\">Bitcoin 2024 Conference: Everything You Need to Know<\/a><\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_Logic_Behind_the_Bull_Stance\"><\/span>The Logic Behind the Bull Stance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Chairman and CEO Fred Thiel underlined the logic of this decision. Thiel, who advocates for governments to see Bitcoin as a reserve asset, said that &#8220;Bitcoin consists of the best treasury reserve asset in the world.&#8221; This pivot demonstrates MARA&#8217;s strong belief in Bitcoin&#8217;s long-term development and potential as a financial asset.<\/p>\n<p>Salman Khan, CFO of MARA, detailed the timing and strategy of this acquisition. He noted Bitcoin&#8217;s current positive conditions, including growing institutional support and the broader macroeconomic environment, as key factors in their decision. Khan also stated that the recent decline in Bitcoin prices, combined with MARA&#8217;s strong supply, presents an ideal opportunity to increase their holdings.<\/p>\n<hr \/>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marathon Digital Holdings (MARA) has made a significant move in the cryptocurrency space by purchasing $100 million worth of Bitcoin and adopting HODL (Hold on for Dear Life) strategies. This development revealed that the company is facing a legal fine of 139 million and is trying to solidify its bullish halt on the future of<\/p>\n","protected":false},"author":6,"featured_media":22727,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[7616,3880],"class_list":["post-25801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-maratho-digital-bitcoin","tag-marathon-digital"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Marathon Digital Purchases $100 Million Bitcoin, Adopts HODL Strategy - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marathon Digital Purchases $100 Million Bitcoin, Adopts HODL Strategy - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Marathon Digital Holdings (MARA) has made a significant move in the cryptocurrency space by purchasing $100 million worth of Bitcoin and adopting HODL (Hold on for Dear Life) strategies. This development revealed that the company is facing a legal fine of 139 million and is trying to solidify its bullish halt on the future of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-25T19:30:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-25T15:42:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/bitcoin-mining-rigs.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/\",\"name\":\"Marathon Digital Purchases $100 Million Bitcoin, Adopts HODL Strategy - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/bitcoin-mining-rigs.jpg\",\"datePublished\":\"2024-07-25T19:30:32+00:00\",\"dateModified\":\"2024-07-25T15:42:07+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/bitcoin-mining-rigs.jpg\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/bitcoin-mining-rigs.jpg\",\"width\":1200,\"height\":630,\"caption\":\"bitcoin mining\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Marathon Digital Purchases $100 Million Bitcoin, Adopts HODL Strategy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Marathon Digital Purchases $100 Million Bitcoin, Adopts HODL Strategy - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/","og_locale":"en_US","og_type":"article","og_title":"Marathon Digital Purchases $100 Million Bitcoin, Adopts HODL Strategy - Coin Engineer","og_description":"Marathon Digital Holdings (MARA) has made a significant move in the cryptocurrency space by purchasing $100 million worth of Bitcoin and adopting HODL (Hold on for Dear Life) strategies. This development revealed that the company is facing a legal fine of 139 million and is trying to solidify its bullish halt on the future of","og_url":"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/","og_site_name":"Coin Engineer","article_published_time":"2024-07-25T19:30:32+00:00","article_modified_time":"2024-07-25T15:42:07+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/bitcoin-mining-rigs.jpg","type":"image\/jpeg"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/","url":"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/","name":"Marathon Digital Purchases $100 Million Bitcoin, Adopts HODL Strategy - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/bitcoin-mining-rigs.jpg","datePublished":"2024-07-25T19:30:32+00:00","dateModified":"2024-07-25T15:42:07+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/bitcoin-mining-rigs.jpg","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/06\/bitcoin-mining-rigs.jpg","width":1200,"height":630,"caption":"bitcoin mining"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/marathon-digital-purchases-100-million-bitcoin-adopts-hodl-strategy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Marathon Digital Purchases $100 Million Bitcoin, Adopts HODL Strategy"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/25801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=25801"}],"version-history":[{"count":2,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/25801\/revisions"}],"predecessor-version":[{"id":25803,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/25801\/revisions\/25803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/22727"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=25801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=25801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=25801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}