MARA Holdings Buys 400 BTC Worth $46M, Total Holdings Exceed $6 Billion
HKAN | Oct 14
MARA Holdings Buys 400 BTC Worth $46 Million, Total Holdings Now Exceed 53,250 Bitcoin Valued Over $6 Billion
According to recent reports, Bitcoin mining giant MARA Holdings (Marathon Digital Holdings) has purchased an additional 400 BTC valued at approximately $46 million, further expanding its massive cryptocurrency reserves.
With this latest acquisition, MARA’s total Bitcoin holdings now stand at 53,250 BTC, representing more than $6 billion at current market prices. The company continues to be one of the largest corporate holders of Bitcoin globally, alongside names like MicroStrategy and Tesla.
Executives at MARA stated that the purchase aligns with the firm’s long-term Bitcoin accumulation strategy, reinforcing their confidence in the digital asset’s growth potential as a global store of value.
The timing of the purchase coincides with renewed institutional interest and rising market optimism, as Bitcoin continues to show strength amid macroeconomic uncertainty. Analysts say this latest move underscores MARA’s bullish stance and could influence broader sentiment across the mining and investment sectors.
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