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Marathon Digital Holdings, a NASDAQ-listed Bitcoin mining company, made waves in the cryptocurrency industry with its recent purchase of 103,000 S19 miners from Bitmain, signifying a significant boost in hashing power. This move positioned them as a major player in Bitcoin mining, accounting for nearly seven percent of the blockchain network's hashing power at the time. What set Marathon apart was their strategic partnership with a utility company, securing a remarkably low power rate of 2.8 cents per kilowatt. This cost-efficiency allowed them to produce Bitcoin profitably, with each coin costing around $3,500 to mine. Notably, Marathon launched its own mining pool in North America, focusing on producing OFAC-compliant Bitcoins—a unique offering that attracted institutional investors looking for regulation-compliant assets. With a substantial cash reserve and a significant Bitcoin holding, Marathon's strategy included holding onto these assets, making their stock a distinctive investment option for those seeking exposure to Bitcoin's value.