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Bitcoin Miner Marathon Digital Sold 2x More BTC Than Minted in January

As the BTC price soared all the way to $23,000 and beyond, Bitcoin mining giant Marathon digital continued to sell its BTC holdings in order to fund its operational costs. As per reports, Marathon sold a total of 1500 BTC last month.

Along with the BTC price rise, Marathon Digital also registered a 45% increase in the total Bitcoins minted. Last month, the Bitcoin miner minted/produced a total of 687 BTC, up from the 475 BTC produced in December 2022.

Bitcoin Bitcoin $98,008.29
+0.02%
Marathon Digital BTC
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