Fidelity Purchases a 7.4% Stake in Marathon Digital Holdings
August 10, 2021 at 10:03 AM EDT
Fidelity Investments Inc. purchased a 7.4% stake in massive Bitcoin mining company Marathon Digital Holdings (MARA) at the end of July. Fidelity spent $20 million on the purchase. The shares are to be spread across four index-based funds, the Fidelity Extended Market Index Fund (FSMAX), the...