Bitcoin miner MARA Holdings has purchased 1,292 BTC worth roughly $98.6 million through FalconX, according to onchain monitoring by Lookonchain. The purchase works out to about $76,347 per BTC.
The timing stands out. Bitcoin is trading around the mid $70K range after the recent sell off, meaning MARA is choosing to add nearly $100M in BTC while the market is under pressure.
MARA had previously sold a significant amount of its Bitcoin holdings earlier this year, making this renewed accumulation particularly notable.
$ARB
$ZEC
The timing stands out. Bitcoin is trading around the mid $70K range after the recent sell off, meaning MARA is choosing to add nearly $100M in BTC while the market is under pressure.
MARA had previously sold a significant amount of its Bitcoin holdings earlier this year, making this renewed accumulation particularly notable.
$ARB
$ZEC
