Marathon Digital Holdings is a large bitcoin mining company, It has been identified as the second-largest holder of Bitcoin in the world among publicly-listed companies.
Marathon’s CEO Fred Thiel announce the company now holds 11,300 BTC, worth around $205 million. He announced this during the company’s third-quarter earnings call on Nov. 8.
By today, The 1st place remains in hands-on MicroStrategy Inc., which holds nearly 130,000 BTC.
According to the CEO’s speech, he said that they have rapidly increased the production of BTC in the last few months. He said,
“We have sequentially improved our bitcoin production, from 72 bitcoin in July, to 184 in August, then to 360 in September, and then to a record 615 in October. October was the most productive month in our Company’s history…”