Marathon Digital’s Bitcoin holdings have increased to 44,394 coins

PANews reported on December 26 that Marathon Digital just tweeted to review 2024, saying that it has transformed itself from a Bitcoin mining company into a global leader in energy and infrastructure. Important milestones were achieved throughout the year, including computing power reaching 50 EH/s, capacity increasing 3 times to 2GW, adding 7 mines, increasing the proportion of self-operated mines to 65%, and passing US$2 billion of 0% convertible bonds Increased Bitcoin holdings to 44,394. In addition, the company implements a zero-cost energy strategy, acquires wind farms, uses abandoned oil field gas to provide energy, and recovers heat energy to heat 80,000 homes in Finland. At the same time, it launched a two-phase immersion cooling system, a multi-chain Layer 2 network and a Bitcoin transaction direct submission tool Slipstream, and achieved the highest return on capital in the industry. The team size expanded from 56 to 152 people.