Tuesday, April 22, 2025
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Fidelity Buys 7.4% Stake in Marathon Digital Holdings

Marathon is a well-liked stock among institutional asset managers. Two days ago, the company declared a 66% rise in its Bitcoin month-over-month production.American multinational services company Fidelity Investments has bought 7.4% stakes of Marathon Digital Holdings, which is a patent-holding company and the parent firm of Uniloc.Marathon Digital Holdings currently

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Fidelity purchases 7.4% stake in Marathon Digital Holdings for $20M

Multinational financial services firm, Fidelity Investments, has announced the purchase of a 7.4% stake of major North American mining company, Marathon Digital Holdings.Marathon currently operates 19,000 miners, with a further 100,000 machines slated for deployment over the next 12 months. With $4.9 trillion in assets under management Fidelity is one

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Square, Coinbase, and Fidelity Join Hands to Launch Crypto Council for Innovation

As the crypto industry continues to become mature every passing year, the CCI will now work on getting all participants together on a common platform through education and guidance. On Tuesday, April 6, crypto industry weights including Square, Coinbase, and Fidelity joined hands establishing a new cryptocurrency trade

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Bitcoin a ‘Potential Store of Value’ That’s Very Volatile: Fidelity Digital Assets Head

Investors are hoping bitcoin becomes a “store of value” but the largest cryptocurrency is still very volatile, Tom Jessop, head of Fidelity Digital Assets (FDAS), said during the Reuters Global Investment Outlook Summit 2020 on Thursday. “We use the words ‘potential store of value’ as bitcoin is still extremely volatile, and

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Fidelity Investments’ crypto arm expands custody to Asia

Fidelity Investments — one of the largest asset managers in the world — continues to expand its global reach in the cryptocurrency industry through its dedicated crypto subsidiary.According to an Oct. 29 Bloomberg report, Fidelity Investments’s crypto branch Fidelity Digital Asset Services has partnered with a Singaporean startup Stack Funds

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