Marathon Digital Holdings CEO Fred Thiel said during the company’s third-quarter earnings call on 8 November that Marathon is now holding 11,300 Bitcoin, which is the world’s second-highest among listed companies. Thiel also added that the company has not disposed of any Bitcoin at the moment and would stick to this approach unless it deemed necessary to cover operating expenses or other expenses. However, the company recorded a net loss of $75.4 million in the third quarter, compared to a net loss of $22.2 million for the same period last year.

Source: https://cointelegraph.com