Marathon Digital Holdings, the world's largest Bitcoin (BTC) miner, purchased $100 million worth of Bitcoin in the last month. The company took this step to strengthen its strategy of holding BTC as a strategic treasury reserve asset. CEO Fred Thiel announced in a statement on July 25 that Marathon will now adopt a "full hodl" strategy.
The selling patterns of large BTC holders could have a significant impact on Bitcoin price, especially considering the 2024 Bitcoin halving. How do you evaluate this development? We are waiting your comments.