The post Marathon Digital Is Now The 2nd Largest Bitcoin Holder After Microstrategy appeared first on Coinpedia Fintech News
Marathon Digital is now the world’s second largest Bitcoin holder among publicly listed companies. On Nov 8 Marathon Digital CEO Fred Thiel claimed during the company’s third-quarter earnings call that the firm currently holds 11,300 Bitcoin which is now worth around $205 million. The first position is still held by Microstrategy Inc., which claims to hold nearly 130,000 total Bitcoin. The third and fourth position is held by Coinbase and Jack Dorsey owned Block Inc.
As per the reports, Marathon Digital added 616 Bitcoin to its portfolio in the quarter and another 615 Bitcoins were added in the month of October.