Marathon Sold Bitcoin (BTC) for the First Time in 2 Years!

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OpenSea releases new tools for NFT creators; Marathon sold Bitcoin (BTC) for the first time in 2 years; MicroStrategy lost $1.3 billion in the last quarter of 2022.

OpenSea releases new tools for NFT creators!

NFT marketplace OpenSea has announced the launch of a suite of tools that allows individuals and brands to launch their own NFT projects.

This suite of tools by OpenSea helps deploy smart contracts, configure drop mechanics and enable various customization features on all EVM chains.

In a statement, the company said that some of the determined content producers may start using the printing tools in the coming weeks. In addition, it was noted that more features will be added.

According to data from The Block, OpenSea accounted for 56% of the total volume for its Ethereum-based digital assets.

In recent months, the company has partnered with world-renowned record label Warner Music Group to strengthen the relationship between music and NFT.

Among the artists OpenSea sanctioned are two important NFT artists such as Gabriel Guerra Bianchini and Fábrica de Arte Cubano.

https://www.coindesk.com/web3/2023/02/02/opensea-releases-suite-of-new-tools-for-creator-nft-drops/

Marathon sold Bitcoin (BTC) for the first time in 2 years!

Cryptomining company Marathon Digital Holdings, the second largest publicly traded Bitcoin owner, has sold some Bitcoin (BTC) for the first time in two years.

In a new update announcement, the company announced that it sold 1,500 BTC worth $35.3 million last January.

A Marathon representative, on the other hand, underlined that the BTC sale by the company was not caused by any financial difficulties.

While some mining companies had to sell Bitcoin due to financial difficulties, Charlie Schumacher, vice president of corporate communications at Marathon, made statements that this is not the case for his own companies.

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Marathon Digital Holdings

Schumacher stated that Marathon wants to emerge victorious from a liquidity battle consisting of both cash and Bitcoin in the new year. In addition, it was noted that the company wants to continue paying its debts and increase its cash positions.

However, the company underlined that it also wants to benefit from the recent increases in Bitcoin price.

Even after its BTC sale, Marathon managed to increase its Bitcoin holdings to 8,090 BTC ($ 189.8 million) in January.

https://cointelegraph.com/news/marathon-s-first-bitcoin-sale-in-2-years-not-the-result-of-distress

MicroStrategy lost $1.3 billion in the last quarter of 2022!

MicroStrategy, the world’s largest software company, has released its earnings reports. In the results of the report, it was revealed that there was a loss of 1.3 billion dollars.

As it is known, the fourth quarter earnings report announcements came from Meta recently, and it was reported that there was a loss of 4.3 billion dollars. However, Meta CEO Mark Zuckerberg stated that they will experience similar losses in 2023, but they will still not give up their metaverse work.

However, MicroStrategy was stubborn like Meta and made statements that they would continue to invest in Bitcoin (BTC).

Announcing its 2022 fourth-quarter earnings report the other day, MicroStrategy noted that its Bitcoins were devalued and their earnings on sales for the year were at a net loss of $1.3 billion.

On the other hand, Saylor stated that compared to Bitcoin, company shares have outperformed since August 2020. While there was a 117 percent increase in company shares, there was a 98 percent increase in Bitcoin.

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OpenSea releases new tools for NFT creators; Marathon sold Bitcoin (BTC) for the first time in 2 years; MicroStrategy lost $1.3 billion in the last quarter of 2022
Fear & Greed Index

https://cointelegraph.com/news/microstrategy-says-no-plans-to-stop-trading-btc-as-paper-loss-hits-1-3b

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