The sale is the first time Marathon Digital has sold its mined Bitcoin since October 2020, but a spokesperson said it wasn’t as a result of distress.
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The sale is the first time Marathon Digital has sold its mined Bitcoin since October 2020, but a spokesperson said it wasn’t as a result of distress.
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The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss.
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The Agenda podcast explores the concept of financial sovereignty, Black American empowerment and the promise of Bitcoin with the revolutionary Najah Roberts.
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The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices.
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