The miner mentioned in a launch on Thursday that the choice was made to cowl a few of its bills. “With bitcoin manufacturing rising and turning into extra constant, we made the strategic determination to promote a few of our bitcoin, as beforehand deliberate, to cowl a few of our working bills and for basic company functions,” Marathon’s Chairman and CEO Fred Thiel, mentioned in a press release. The corporate nonetheless holds about 11,418 bitcoin in its reserve.
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