Marathon Digital Holdings has published the company’s bitcoin production and mining operation updates for the month of July and bitcoin production increased 66% month-over-month. Furthermore, the financial services giant Fidelity Investments purchased a 7.4% stake in Marathon in July, spending around $20 million for the shares.
Fidelity Investments Scoops Up Shares of Marathon for $20 Million
Boston-based Fidelity Investments is one of the largest asset managers in the world, handling $4.9 trillion in assets under management (AUM). Fidelity has been involved with cryptocurrencies and blockchain for years now and on July 22, Fidelity invested $20 million to purchase a 7.4% stake in Marathon Digital Holdings (Nasdaq:MARA).
Fidelity added the shares to four index-based funds including the Fidelity Series Total Market Index Fund (FCFMX), Fidelity Extended Market Index Fund (FSMAX), Fidelity Total Market Index Fund (FSKAX), and the Fidelity Nasdaq Composite Index Fund (FNCFX). Fidelity’
Źródło: https://news.bitcoin.com/fidelity-investments-purchases-7-4-stake-in-bitcoin-mining-firm-marathon/
