World’s largest Bitcoin miner didn’t sell any BTC in June. Marathon Digital said it aims to further strengthen its Bitcoin holdings through open-market acquisitions but may also sell to support operations in the future. Marathon Digital Holdings, the world’s largest Bitcoin mining firm, has not sold any of its Bitcoin holdings during the past month. Despite Bitcoin being in a downtrend for over a month, Marathon Digital chose to hold onto all its Bitcoin. As of June, the company held a total of 18,536 BTC worth over $1.1 billion, according to the firm’s operations report published on July 3. The Bitcoin miner said it aims to continue to strengthen its Bitcoin holdings through open market BTC purchases and investing in “other opportunities to increase its Bitcoin yield.” However, it also noted that it may sell some of its BTC in the future:“MARA opted not to sell any bitcoin in June. image
El Salvador’s national Bitcoin chief has been orange-pilling Argentina The head of El Salvador’s new crypto commission started his Bitcoin journey in 2013 and is continuing it to this day.It takes more than 10 hours to fly from El Salvador to Argentina, but Juan Carlos Reyes’ recent flight may be one of the most important of his life. It may also have global significance, not that Reyes can reveal too much about it at the moment. The appointed President of El Salvador’s newly created National Commission of Digital Assets (CNAD), Reyes has just returned from Buenos Aires after high-level meeting with Argentina’s securities regulator, the National Securities Commission. Speaking exclusively to Magazine, he is in a cheery mood albeit diplomatic, when talking of a potential collaboration between the two Bitcoin-friendly countries. “El Salvador multinational projects are set by the president; however our two countries are talking about interesting opportunities and projects for the future. image