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The move follows a similar decision by the Wisconsin Pension Fund, which allocated 2% of its $156 billion in assets to Bitcoin ETFs in the second quarter.
The launch announcement comes amid media reports that the firm's financial trajectory may be "unsustainable."
The Bitcoin miner stated that it would issue new shares if any entity acquires 20% of its stocks within the next six months.
Out of the 30 celebrity memecoins, the four top-performing tokens are down more than 70% from their recent all-time highs.
Marathon Digital is now the second-largest Bitcoin holder, with over 20,000 BTC in its reserve.
The regulatory actions were meant to protect crypto users in the country.
Crypto advocates push for bipartisan approach as November election looms.
Tyler Winklevoss said the discussion is a "must-watch" and highlights "just how terrible the Biden-Harris Administration has been to the crypto industry."
The news comes amid rumors that Trump, who is also slated to speak at the conference, had plans to endorse Bitcoin as a strategic reserve asset.
