One of the biggest topics of discussion in the cryptocurrency world recently, the collateralisation of Bitcoin in loan purchases has resulted in a positive outcome for Marathon Digital this time. Marathon, which showed a part of its Bitcoins as collateral in the process, received approval for a $200 million loan from an unnamed company.

In the official statement, it was noted that the loan will be spent for general company activities and strategic business opportunities.

Marathon implemented its Bitcoin strategy in July and announced that it would keep the largest cryptocurrency as a reserve asset. With this announcement, the company also purchased $100 million of Bitcoin.

With more than 25 thousand BTC, Marathon, the largest mining company in this sense, also issued 705 BTC in September. In August, this figure was 673 units.