Marathon Digital Assures Investors of Secure Access to Cash Deposits

Investors are assured secure access to cash deposit by MarathonDigital

Marathon Digital Holdings stated that its cash deposits at Signature Bank are secure and accessible, with around $142 million in deposits at Signature Bridge Bank. The bank was established by the US Federal Deposit Insurance Corporation to manage customer accounts at the recently closed Signature Bank. Marathon also confirmed its access to funds for business operations and treasury management and still holds over 11,000 Bitcoin as a financial asset beyond the traditional banking system.