Book of Aztec dishes out a massive round win worth a little under 2 BTC, leaving the player ecstatic!
A small bet results in one of the biggest wins for the player
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Image Credits: Shutterstock, Pixabay, Wiki Commons
Fidelity Investments Purchases 7.4% Stake in Bitcoin Mining Firm Marathon
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’s choice to
spread the crypto investment vehicles across the index-based funds with a
$170 billion valuation is part of a growing trend of asset managers
handling digital currency products.
Fidelity Joins Marathon Investors Like Vanguard, Blackrock, Susquehanna
Marathon also revealed this week that it had signed an agreement to
purchase 30,000 Antminer bitcoin mining rigs from Bitmain. Following the
announcement, Marathon published statistics for its July performance.
The company noted that it had seen a significant month-over-month
increase in bitcoin production to 422.2 BTC worth over $16 million. The company’s audit explains that the firm’s BTC holdings today is approximately 6,225.6 BTC worth $236 million at the time of writing.
In addition to Fidelity, a number of other large financial
institutions have purchased Marathon shares. As of today, Blackrock
holds 1.59% of Marathon, Susquehanna has a 2.7% stake in the mining
company, and Vanguard Group holds around 7.58% of MARA shares.
Marathon’s July audit also says the company received approximately
19,401 S19 Pro ASIC miners from Bitmain during the last year. To date,
Marathon’s fleet is approximately 19,395 active miners which produce
around 2 exahash per second (EH/s) of hashrate.
source link : https://news.bitcoin.com/fidelity-investments-purchases-7-4-stake-in-bitcoin-mining-firm-marathon/
