EnchantedSky
Mon Aug 05 2024
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7 answers
1840
Does marathon digital holdings (Mara) sell bitcoin?
Could you please clarify whether Marathon Digital Holdings, also known as Mara, engages in the direct sale of <a href="https://www.btcc.com/en-US/academy/research-analysis/bitcoin-btc-price-prediction-2023-2025-2030-is-btc-a-good-investment" title="Bitcoin">Bitcoin</a> to investors or clients? I'm interested in understanding if their primary business model involves holding and potentially selling off Bitcoin assets, or if their focus lies in mining Bitcoin and utilizing those mined coins for other purposes within their operations. Additionally, are there any public announcements or financial reports that could shed light on Mara's stance on Bitcoin sales?
ShintoBlessed
Sun Jun 16 2024
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5 answers
1240
Does marathon digital holdings sell bitcoin?
Does Marathon Digital Holdings sell bitcoin? This question seems to strike at the core of Marathon's business model. Marathon Digital Holdings, as a company deeply involved in the cryptocurrency space, has been making significant investments in bitcoin mining. However, does this mean they also engage in the direct sale of bitcoin to customers? The answer may not be as straightforward as it seems. On the one hand, Marathon's focus is primarily on mining, which involves extracting bitcoin from the blockchain network. This process generates new bitcoins as a reward for solving complex mathematical problems. On the other hand, Marathon may have a strategy to hold the bitcoins it mines, either as a long-term investment or for other financial purposes. Selling bitcoin directly to customers is not necessarily part of their core business. So, the question remains: Does Marathon Digital Holdings sell bitcoin? The answer, ultimately, lies in Marathon's specific business model and operations. Only through a detailed examination of their public disclosures and business activities can we truly understand whether they engage in the sale of bitcoin or not.
