Marathon and Hut 8 scoop up $1.6 billion worth of Bitcoin during market dip

Bitcoin mining giants Marathon Digital Holdings and Hut 8 have capitalized on Bitcoin’s recent correction by making multi-billion-dollar investments in the flagship cryptocurrency.

On Dec. 19, the companies announced purchases totaling over 16,000 BTC for $1.6 billion, equivalent to 37 days of Bitcoin issuance.

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Marathon and Hut 8 scoop up $1.6 billion worth of Bitcoin during market dip

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Marathon and Hut 8 scoop up $1.6 billion worth of Bitcoin during market dip

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