Bitcoin Miner Marathon Digital Expects to Make Acquisitions


Marathon Digital Holdings Inc. plans to acquire rival Bitcoin miners and related infrastructure in the next two years, according to Chief Executive Officer Fred Thiel-bsp-person>.

“We intend to expand considerately” in 2024 and 2025, Thiel said during an interview on Bloomberg Television on Thursday. “I think you’ll see us being a consolidator in the industry.”

WATCH: Marathon Digital Holdings CEO Fred Thiel says he plans on making some acquistiions.

Source: Bloomberg

Marathon is already one of the biggest US-based participants in the sector. Bitcoin miners are enjoying a renascence amid a rebound in Bitcoin prices this year after a plunge in digital assets in 2022 due to a flurry of crypto meltdowns that included …



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