Marathon Digital, a US-listed mining company, has purchased 1,423 bitcoins valued at approximately $139.5 million in the past six hours, as reported by PANews on December 6. This acquisition follows the company's recent completion of an $850 million convertible bond issuance, intended primarily for bitcoin purchases and partial repurchase of existing bonds due in 2026.

PANews reported on December 6 that according to Lookonchain monitoring, Marathon Digital ($MARA), a US-listed mining company, purchased 1,423 new bitcoins in the past six hours, with a total value of approximately $139.5 million. Previously, MARA announced yesterday that it had completed the second round of convertible bond issuance of $850 million, mainly used to purchase bitcoins and partially repurchase existing bonds due in 2026.

Marathon Digital Acquires 1,423 Bitcoins Following $850 Million Bond Issuance