Marathon Digital, a digital asset technology company, has made a significant acquisition, purchasing 1,423 Bitcoin valued at around $139.5 million. This purchase occurred during the early Asian trading hours.

The acquisition follows Marathon Digital's announcement of closing its second convertible note offering of approximately $850 million. The company's strategy clearly favors the acquisition of Bitcoin tokens.

This move aligns with Marathon's ongoing efforts to strengthen its digital asset holdings amid the rising interest and investment in Bitcoin as a preferred digital currency.