Marathon Digital wasted no time buying more bitcoin after revealing last month it would adopt a “full HODL approach.”

The bitcoin miner purchased 4,144 BTC between Aug. 12 and Aug. 14 for $249 million, at an average cost of $59,500 per bitcoin according to the company.

The bitcoin purchase came the same week Marathon closed its offering of 2.125% convertible senior notes due in 2031. The sold notes’ aggregate principal amount was $300 million.

Prior to the most recent purchase, Marathon bought $100 million worth of the asset a few weeks ago. The company noted in a press release at the time it would retain all bitcoin that it mines and would “periodically make strategic open…

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