Bitcoin Miner Marathon sålde 1 500 BTC i januari, kommer att sälja mer 2023
- Bitcoin-gruvarbetaren Marathon Digital sålde 1 500 BTC-tokens förra månaden och har för närvarande 11 418 BTC, varav 8 090 BTC är obegränsade.
- Företaget producerade rekordhöga 687 Bitcoin i januari 2023, vilket är en ökning med 45% från 475 BTC-tokens i december 2022.
- Marathon has made the “strategic decision” to sell some of its BTC holding in 2023 to cover some of the operating expenses.
- Gruvarbetaren har också tecknat ett avtal med FS Innovation, LLC, angående bildandet av ett Abu Dhabi Global Markets-företag.
Bitcoin mining companies have gotten into trouble recently following the price crash of the world’s oldest cryptocurrency due to the implosion and bankruptcies of multiple crypto companies in 2022. Interestingly, in 2023, the leading crypto coin has improved a lot and continues to see higher prices, even touching the $24k price level earlier this week. Mining firm Marathon Digital Holdings confirmed that they sold a significant quantity of their BTC holdings in January.
Enligt officiell release från Bitcoin-gruvarbetaren publicerade Marathon sina oreviderade BTC-produktions- och installationsuppdateringar för gruvarbetare för januari 2023 och bekräftade att de sålde över 1 500 BTC-tokens förra månaden och för närvarande innehar 11 418 BTC, varav cirka 8 090 BTC (ca $187,2 miljoner) är obegränsade som den 31 januari.
Fred Thiel, Marathon’s chairman and CEO, stated that the company produced a record 687 Bitcoin in January 2023, which is a 45% increase from the 475 BTC tokens in December 2022. As per Thiel, this was a result of Marathon’s “team’s ability to work in tandem with the new hosting provider in McCamey, Texas, to address the maintenance and technical issues at the King Mountain data center that had suppressed our Bitcoin production in the fourth quarter of 2022.”
The Marathon executive further added that the company has made the “strategic decision” to sell some of its BTC holding to cover some of the Bitcoin miner’s operating expenses and for general corporate purposes. The plan is to continue to sell a portion of the BTC holdings in 2023 “to fund monthly operating costs.”
“Even with these sales, our unrestricted bitcoin holdings increased from 7,815 bitcoin as of December 31, 2022, to 8,090 bitcoin as of January 31, 2023, as our production improved and the appreciation in bitcoin’s price in January reduced the amount of bitcoin we had posted as collateral. Additionally, we ended the month with $133.8 million in unrestricted cash on hand,” Thiel added.
It is crucial to note that the Bitcoin miner’s stock plummeted almost 90% in 2022 due to the crypto market bear market and some miners like Compute North ansöker om konkurs due to macroeconomic conditions and market’s bearishness. However, it is crucial to note that the Las Vegas, Nevada-based company, was one of the very few crypto mining firms that refuted from selling any of their BTC holdings.
En annan viktig bekräftelse från Marathon i tillkännagivandet var ett avtal som det hade tecknat med FS Innovation, LLC, angående bildandet av ett Abu Dhabi Global Markets-företag för etablering av en eller flera gruvanläggningar för digitala tillgångar och brytning av dessa tillgångar.