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How Much Bitcoin Does Marathon Digital Holdings Own?

Public Companies that Own Bitcoin

Entity Country Symbol:Exchange # of BTC Value Today % of 21m
MicroStrategy MSTR:NADQ 140,000 140000 0.667%
Voyager Digital LTD VOYG:TSX 12,260 12260 0.058%
Marathon Digital Holdings Inc MARA:NADQ 11,568 11568 0.055%
Tesla, Inc TSLA:NADQ 10,725 10725 0.051%
Hut 8 Mining Corp HUT:NASDAQ 9,265 9265 0.044%
Coinbase Global, Inc. COIN:NADQ 9,000 9000 0.043%
Galaxy Digital Holdings BRPHF:OTCMKTS 8,100 8100 0.039%
Block, Inc. SQ:NYSE 8,027 8027 0.038%
Riot Platforms, Inc. RIOT:NADQ 7,112 7112 0.034%

How Much Bitcoin Does Marathon Digital Holdings Own?

Marathon Digital Holdings, Inc. (NASDAQ: MARA) currently owns 11,568 Bitcoins as of April 30, 2023.

What Does Marathon Digital Holdings Do?

Marathon Digital Holdings has been mining bitcoin since its founding in 2010. They are headquartered in Fort Lauderdale, Florida.

As of April 30, 2023, their current hashing capacity is 14 EH/S across 8 mining facilities.

Where Does Marathon Digital Holdings Get Its Bitcoin?

The company accrues Bitcoin through its mining operations. Marathon has a strategy of hodling all the bitcoin it mines, only selling to reinvest in enhanced mining operations.

Who Owns Marathon Digital Holdings?

Marathon Digital Holdings is a public company traded on the NASDAQ stock exchange. As of April 2023, about 30% of the stock was held by institutional investors, while corporate insiders own about 3% of the stock.

Fred Thiel became the Chairman and CEO of Marathon Digital in 2021 having formerly been the CEO of GameSpy. Thiel is also the CEO of Thiel Advisors.

Others in the executive team include:

Jim Crawford as Chief Operating Officer, Adam Swick as Chief Growth Officer, Ashu Swami as Chief Technology Officer, John Lee as Chief Accounting Officer and Jolie Kahn as Legal Counsel.

Does Marathon Digital Holdings Only Mine Bitcoin?

Yes, on the company website, Marathon refers to itself as a "Bitcoin company".

Does Marathon Own or Mine Ethereum and Other Cryptocurrencies?

No, Marathon’s primary interest is Bitcoin and Bitcoin mining.

Total of Bitcoins Owned by Entities

Category # of BTC Value Today % of 21m
ETFs 819125 819125 3.901%
Countries 244779 244779 1.166%
Public Companies 232500 232500 1.107%
Private Companies 427381 427381 2.035%

Learn More About Other Entities Owning Bitcoin

Entity Country # of BTC Value Today
200,000 200000
2,381 2381
643,572 643572
7,112 7112
9,265 9265
53,000 53000
8,100 8100
9,000 9000
11,568 11568
8,027 8027
10,725 10725