{"id":480357,"date":"2022-01-05T07:13:49","date_gmt":"2022-01-05T07:13:49","guid":{"rendered":"https:\/\/wncen.com\/?p=480357"},"modified":"2024-06-11T14:10:23","modified_gmt":"2024-06-11T14:10:23","slug":"u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/","title":{"rendered":"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They&#8217;re Not Selling It"},"content":{"rendered":"<p><span style=\"font-weight: 400\">In their <\/span><a href=\"https:\/\/ir.marathondh.com\/news-events\/press-releases\/detail\/1273\/marathon-digital-holdings-announces-bitcoin-production-and\" rel=\"nofollow\"><span style=\"font-weight: 400\">December report<\/span><\/a><span style=\"font-weight: 400\">, Marathon Digital Holdings announced their total BTC holdings. And assured their investors that they were not selling any of it any time soon. This is particularly interesting considering the company bought \u201ca record number\u201d of S19s in December. Reportedly, they got a giant loan using Bitcoin as collateral. An operation we\u2019ll see a lot more in the near future throughout the industry.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The report quotes Fred Thiel, Marathon\u2019s CEO, in a celebratory mode. \u201c2021 was a transformative year for Marathon as we increased our hash rate 1,790% and increased our bitcoin production 846% year-over-year to 3,197 self-mined BTC.\u201d Staggering numbers that show the size of the Bitcoin mining business.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Marathon announced an record investment of nearly $1B in new equipment just before Xmas&#8230;<\/p>\n<p>BUT THEIR STILL HODLING ALL THEIR <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#BTC<\/a>!<a href=\"https:\/\/t.co\/PRlaHMNR7j\" rel=\"nofollow\">https:\/\/t.co\/PRlaHMNR7j<\/a><\/p>\n<p>&mdash; What Bitcoin Did (@WhatBitcoinDid) <a href=\"https:\/\/twitter.com\/WhatBitcoinDid\/status\/56657427?ref_src=twsrc%5Etfw\" rel=\"nofollow\">January 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">As for their holding plans, the report says:<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400\">\u201cThe Company last sold bitcoin on October 21, 2020, and since then, has been accumulating or \u201chodling\u201d all bitcoin generated. As a result, Marathon currently holds approximately 8,133 BTC, including the 4,813 BTC the Company purchased in January 2021 for an average price of $31,168 per BTC.\u201d<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400\">Of course, they\u2019re not alone. NewsBTC documented the trend throughout the whole year.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Most Miners Are Holding Strong<\/span><\/h2>\n<p><span style=\"font-weight: 400\">One of the first persons to spot the trend was Lex Moskovski. In February, the analyst reported on \u201cthe first day since Dec, 27 when Miners Position change turned positive.\u201d\u00a0<\/span><\/p>\n<p>https:\/\/twitter.com\/mskvsk\/status\/58320642<\/p>\n<p><span style=\"font-weight: 400\">Approximately four months ago, <\/span><a href=\"https:\/\/wncen.com\/news\/bitcoin\/puell-multiple-the-bitcoin-metric-that-says-btc-miners-arent-ready-to-sell\/\"><span style=\"font-weight: 400\">NewsBTC used data to find a possible explanation<\/span><\/a><span style=\"font-weight: 400\">:<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400\">\u201cData shows that miner profitability has dropped in comparison to the last time that bitcoin was at this price. The profitability for bitcoin back in April at $50K had been 40% higher than it is right now when bitcoin hit $50K again. This means that miner profitability is hitting the lows at all-time highs.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This drop in profitability has seen miners refusing to sell the BTC they are rewarded with for mining blocks. Instead choosing to hold these coins in wait for much higher prices.\u201d<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400\">Miner profitability might be decreasing, but, the business is still a long way from turning red. Especially for a giant operation like Marathon. In <\/span><a href=\"https:\/\/wncen.com\/news\/bitcoin\/why-marathon-is-comfortable-with-bitcoin-plunging-says-bep-is-6500\/\"><span style=\"font-weight: 400\">a recent interview that NewsBTC<\/span><\/a><span style=\"font-weight: 400\"> reported on, Fred Thiel said:<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400\">\u201cThiel expressed that, factoring operational mining costs (energy plus hosting), Bitcoin\u2019s breakeven rate is roughly $6,500, meaning that the digital coin would need to drop at least 80% for Marathon to face challenging difficulties.\u201d<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400\">Less than three months ago, <\/span><a href=\"https:\/\/wncen.com\/news\/bitcoin\/on-chain-bitcoin-miners-selling-btc\/\"><span style=\"font-weight: 400\">NewsBTC reported on another set of data<\/span><\/a><span style=\"font-weight: 400\"> that showed the same phenomenon:<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400\">\u201cBTC miner reserves continue to trend sideways amid the coin\u2019s strong move up. The \u201c<\/span><a href=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-miner-reserves-ath-bull-rally\/\"><span style=\"font-weight: 400\">miner reserve<\/span><\/a><span style=\"font-weight: 400\">\u201d is a indicator that shows the total amount of Bitcoin that miners are currently holding in their wallets. An increase in the metric\u2019s value suggests miners think the coin\u2019s value will go up in the near future, hence they are stocking up on it.\u201d<\/span><\/p><\/blockquote>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-480359 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/BTCUSD_2022-01-05_04-01-29.png?resize=460%2C257\" alt=\"BTCUSD price chart for 01\/05\/2021 - TradingView\" width=\"460\" height=\"257\"><\/p>\n<pre style=\"text-align: center\">BTC price chart for 01\/05\/2021 on FX | Source: BTC\/USD on <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n<h2><span style=\"font-weight: 400\">The Marathon Mining Company\u2019s Future<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The company\u2019s recent billion-dollar investment is a play for the future. Especially considering just when those machines will arrive.<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400\">\u201cOn December 23, 2021, Marathon announced that it had entered into a contract with BITMAIN to purchase a record number of ANTMINER S19 XP (140 TH\/s) bitcoin miners, all of which are currently expected to ship from BITMAIN between July 2022 and December 2022.\u201d<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400\">The chip shortage is real, people. If an order this size can only be fulfilled in six to twelve months, something\u2019s up. Also, by the looks of it, the ASIC manufacturing business might be even more profitable than Bitcoin mining. That&#8217;s a topic for another day, however.<\/span><\/p>\n<pre style=\"text-align: center\">Featured Image by <a href=\"https:\/\/unsplash.com\/@mzemlickis?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" rel=\"nofollow\">M\u0101rti\u0146\u0161 Zemlickis<\/a> on <a href=\"https:\/\/unsplash.com\/s\/photos\/marathon?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" rel=\"nofollow\">Unsplash<\/a> - Charts by <a href=\"https:\/\/www.tradingview.com\/\" rel=\"nofollow\">TradingView<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>In their December report, Marathon Digital Holdings announced their total BTC holdings. And assured their investors that they were not selling any of it any time soon. This is particularly interesting considering the company bought \u201ca record number\u201d of S19s in December. Reportedly, they got a giant loan using Bitcoin as collateral. An operation we\u2019ll see a lot more in the near future throughout the industry.\u00a0 The report quotes Fred Thiel, Marathon\u2019s CEO, in a celebratory mode. \u201c2021 was a transformative year for Marathon as we increased our hash rate 1,790% and increased our bitcoin production 846% year-over-year to 3,197 self-mined BTC.\u201d Staggering numbers that show the size of the Bitcoin mining business. Marathon announced an record investment of nearly $1B in new equipment just before Xmas&#8230; BUT THEIR STILL HODLING ALL THEIR #BTC!https:\/\/t.co\/PRlaHMNR7j &mdash; What Bitcoin Did (@WhatBitcoinDid) January 4, 2022 As for their holding plans, the report says: \u201cThe Company last sold bitcoin on October 21, 2020, and since then, has been accumulating or \u201chodling\u201d all bitcoin generated. As a result, Marathon currently holds approximately 8,133 BTC, including the 4,813 BTC the Company purchased in January 2021 for an average price of $31,168 per BTC.\u201d Of course, they\u2019re not alone. NewsBTC documented the trend throughout the whole year.\u00a0 Most Miners Are Holding Strong One of the first persons to spot the trend was Lex Moskovski. In February, the analyst reported on \u201cthe first day since Dec, 27 when Miners Position change turned positive.\u201d\u00a0 https:\/\/twitter.com\/mskvsk\/status\/58320642 Approximately four months ago, NewsBTC used data to find a possible explanation: \u201cData shows that miner profitability has dropped in comparison to the last time that bitcoin was at this price. The profitability for bitcoin back in April at $50K had been 40% higher than it is right now when bitcoin hit $50K again. This means that miner profitability is hitting the lows at all-time highs. This drop in profitability has seen miners refusing to sell the BTC they are rewarded with for mining blocks. Instead choosing to hold these coins in wait for much higher prices.\u201d Miner profitability might be decreasing, but, the business is still a long way from turning red. Especially for a giant operation like Marathon. In a recent interview that NewsBTC reported on, Fred Thiel said: \u201cThiel expressed that, factoring operational mining costs (energy plus hosting), Bitcoin\u2019s breakeven rate is roughly $6,500, meaning that the digital coin would need to drop at least 80% for Marathon to face challenging difficulties.\u201d Less than three months ago, NewsBTC reported on another set of data that showed the same phenomenon: \u201cBTC miner reserves continue to trend sideways amid the coin\u2019s strong move up. The \u201cminer reserve\u201d is a indicator that shows the total amount of Bitcoin that miners are currently holding in their wallets. An increase in the metric\u2019s value suggests miners think the coin\u2019s value will go up in the near future, hence they are stocking up on it.\u201d BTC price chart for 01\/05\/2021 on FX | Source: BTC\/USD on TradingView.com The Marathon Mining Company\u2019s Future The company\u2019s recent billion-dollar investment is a play for the future. Especially considering just when those machines will arrive. \u201cOn December 23, 2021, Marathon announced that it had entered into a contract with BITMAIN to purchase a record number of ANTMINER S19 XP (140 TH\/s) bitcoin miners, all of which are currently expected to ship from BITMAIN between July 2022 and December 2022.\u201d The chip shortage is real, people. If an order this size can only be fulfilled in six to twelve months, something\u2019s up. Also, by the looks of it, the ASIC manufacturing business might be even more profitable than Bitcoin mining. That&#8217;s a topic for another day, however. Featured Image by M\u0101rti\u0146\u0161 Zemlickis on Unsplash &#8211; Charts by TradingView<\/p>\n","protected":false},"author":539,"featured_media":480366,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[85108,85109,6237,85104,640,953,85105,83819,85106,83928,85107,85103,84582],"class_list":["post-480357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-antminer-s19","tag-asic-manufacturing-business","tag-asics","tag-bitcoin-holding","tag-bitcoin-mining","tag-bitmain","tag-corporate-treasury","tag-fred-thiel","tag-lex-moskovski","tag-marathon-digital-holdings","tag-miner-reserve","tag-miners-holding","tag-s19"],"acf":[],"yoast_head":"\n<title>U.S. Mining Company Marathon Now Holds 8,133 BTC. And They&#039;re Not Selling It<\/title>\n<meta name=\"description\" content=\"In their December report, Marathon Digital Holdings announced their total BTC holdings. And assured their investors that they were not selling any of it\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They&#039;re Not Selling It\" \/>\n<meta property=\"og:description\" content=\"In their December report, Marathon Digital Holdings announced their total BTC holdings. And assured their investors that they were not selling any of it\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-05T07:13:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:10:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570\" \/>\n\t<meta property=\"og:image:width\" content=\"858\" \/>\n\t<meta property=\"og:image:height\" content=\"570\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Eduardo Pr\u00f3spero\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@edprospero23\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Eduardo Pr\u00f3spero\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/\"},\"author\":{\"name\":\"Eduardo Pr\u00f3spero\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/22c279a7fc27f3d5508cbfd6dc07c37b\"},\"headline\":\"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They&#8217;re Not Selling It\",\"datePublished\":\"2022-01-05T07:13:49+00:00\",\"dateModified\":\"2024-06-11T14:10:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/\"},\"wordCount\":591,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570\",\"keywords\":[\"Antminer S19\",\"ASIC manufacturing business\",\"ASICs\",\"Bitcoin holding\",\"bitcoin mining\",\"Bitmain\",\"Corporate treasury\",\"Fred Thiel\",\"Lex Moskovski\",\"Marathon Digital Holdings\",\"miner reserve\",\"Miners holding\",\"S19\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/\",\"url\":\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/\",\"name\":\"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They're Not Selling It\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570\",\"datePublished\":\"2022-01-05T07:13:49+00:00\",\"dateModified\":\"2024-06-11T14:10:23+00:00\",\"description\":\"In their December report, Marathon Digital Holdings announced their total BTC holdings. And assured their investors that they were not selling any of it\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570\",\"width\":858,\"height\":570},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They&#8217;re Not Selling It\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/22c279a7fc27f3d5508cbfd6dc07c37b\",\"name\":\"Eduardo Pr\u00f3spero\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0ab146fdc950bd520dc4179af60b4326?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0ab146fdc950bd520dc4179af60b4326?s=96&d=mm&r=g\",\"caption\":\"Eduardo Pr\u00f3spero\"},\"description\":\"Eduardo Prospero is an author, a content writer, and a professional rapper. A Bitcoin maximalist in disguise. Working on a Bitcoin book. Venezuelan. He wrote a novel, but it's only available in Spanish. It's called \\\"La Tormenta.\\\"\",\"sameAs\":[\"https:\/\/samplesandexamples.wordpress.com\/\",\"https:\/\/x.com\/edprospero23\"],\"url\":\"https:\/\/wncen.com\/author\/eduardoprospero\/\"}]}<\/script>\n","yoast_head_json":{"title":"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They're Not Selling It","description":"In their December report, Marathon Digital Holdings announced their total BTC holdings. And assured their investors that they were not selling any of it","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:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/","og_locale":"en_US","og_type":"article","og_title":"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They're Not Selling It","og_description":"In their December report, Marathon Digital Holdings announced their total BTC holdings. And assured their investors that they were not selling any of it","og_url":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-01-05T07:13:49+00:00","article_modified_time":"2024-06-11T14:10:23+00:00","og_image":[{"width":858,"height":570,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570","type":"image\/jpeg"}],"author":"Eduardo Pr\u00f3spero","twitter_card":"summary_large_image","twitter_creator":"@edprospero23","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Eduardo Pr\u00f3spero","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/"},"author":{"name":"Eduardo Pr\u00f3spero","@id":"https:\/\/wncen.com\/#\/schema\/person\/22c279a7fc27f3d5508cbfd6dc07c37b"},"headline":"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They&#8217;re Not Selling It","datePublished":"2022-01-05T07:13:49+00:00","dateModified":"2024-06-11T14:10:23+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/"},"wordCount":591,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570","keywords":["Antminer S19","ASIC manufacturing business","ASICs","Bitcoin holding","bitcoin mining","Bitmain","Corporate treasury","Fred Thiel","Lex Moskovski","Marathon Digital Holdings","miner reserve","Miners holding","S19"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/","url":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/","name":"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They're Not Selling It","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570","datePublished":"2022-01-05T07:13:49+00:00","dateModified":"2024-06-11T14:10:23+00:00","description":"In their December report, Marathon Digital Holdings announced their total BTC holdings. And assured their investors that they were not selling any of it","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570","width":858,"height":570},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They&#8217;re Not Selling It"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/22c279a7fc27f3d5508cbfd6dc07c37b","name":"Eduardo Pr\u00f3spero","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0ab146fdc950bd520dc4179af60b4326?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0ab146fdc950bd520dc4179af60b4326?s=96&d=mm&r=g","caption":"Eduardo Pr\u00f3spero"},"description":"Eduardo Prospero is an author, a content writer, and a professional rapper. A Bitcoin maximalist in disguise. Working on a Bitcoin book. Venezuelan. He wrote a novel, but it's only available in Spanish. It's called \"La Tormenta.\"","sameAs":["https:\/\/samplesandexamples.wordpress.com\/","https:\/\/x.com\/edprospero23"],"url":"https:\/\/wncen.com\/author\/eduardoprospero\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They&#8217;re Not Selling It","url":"http:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Eduardo Pr\u00f3spero"}],"creator":["Eduardo Pr\u00f3spero"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["antminer s19","asic manufacturing business","asics","bitcoin holding","bitcoin mining","bitmain","corporate treasury","fred thiel","lex moskovski","marathon digital holdings","miner reserve","miners holding","s19"],"dateCreated":"2022-01-05T07:13:49Z","datePublished":"2022-01-05T07:13:49Z","dateModified":"2024-06-11T14:10:23Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"U.S. Mining Company Marathon Now Holds 8,133 BTC. And They&#8217;re Not Selling It\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/u-s-mining-company-marathon-now-holds-8133-btc-and-theyre-not-selling-it\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Eduardo Pr\\u00f3spero\"}],\"creator\":[\"Eduardo Pr\\u00f3spero\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"antminer s19\",\"asic manufacturing business\",\"asics\",\"bitcoin holding\",\"bitcoin mining\",\"bitmain\",\"corporate treasury\",\"fred thiel\",\"lex moskovski\",\"marathon digital holdings\",\"miner reserve\",\"miners holding\",\"s19\"],\"dateCreated\":\"2022-01-05T07:13:49Z\",\"datePublished\":\"2022-01-05T07:13:49Z\",\"dateModified\":\"2024-06-11T14:10:23Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/01\/martins-zemlickis-NPFu4GfFZ7E-unsplash.jpg?fit=858%2C570","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/480357"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/539"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=480357"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/480357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/480366"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=480357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=480357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=480357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}