MARA Purchases $100 Million of Bitcoin

July 26, 2024

https://www.globenewswire.com/news-release/2024/07/25/2918789/0/en/MARA-Purchases-100-Million-of-Bitcoin.html

MARA Updates Treasury Policy to HODL All Bitcoin; Current Bitcoin Holdings Surpass 20,000 BTC

Fort Lauderdale, FL, July 25, 2024 (GLOBE NEWSWIRE) — MARA (NASDAQ: MARA) (“MARA” or the “Company”), a global leader in leveraging digital asset compute to support the energy transformation, today announced that it has purchased $100 million of bitcoin and currently holds over 20,000 BTC on its balance sheet. Furthermore, effective immediately, MARA will adopt a full HODL approach towards its bitcoin treasury policy, retaining all bitcoin mined in its operations, and will periodically make strategic open market purchases.

Read more at globenewswire.com

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