Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
MARA Holdings, a prominent Bitcoin mining firm, acquired an additional 400 BTC on Monday, valued at $46.31 million.
According to Arkham data, the second-largest corporate Bitcoin holder purchased 400 BTC via the digital asset trading platform FalconX, as reported by LookOnChain. Following this latest acquisition, the company now possesses a total of 53,250 BTC, amounting to $6.12 billion.
MARA Holdings, which owns 52,850 $BTC($6.12B), acquired another 400 $BTC($46.31M) through #FalconX 2 hours ago.https://t.co/pz4qGMyLze pic.twitter.com/2R42GgwLn4
— Lookonchain (@lookonchain) October 13, 2025
MARA recently surpassed Wall Street forecasts, reporting $238 million in revenue for the second quarter, reflecting a 64% increase compared to the previous year.
MARA’s Bitcoin Strategy is Both Aggressive and Innovative
MARA, previously known as Marathon Digital Holdings, has been actively increasing its Bitcoin reserves throughout late 2024 and early 2025.
By the end of June, MARA’s Bitcoin holdings reached 49,951 BTC, representing a 170% year-over-year growth, valued at $5.3 billion. “We are more than a bitcoin treasury company,” MARA stated in its Q2 2025 report released in July.
Related Posts
Additionally, the firm has broadened its focus beyond mining. It recently revealed collaborations with Google-backed TAE Power Solutions and LG-backed PADO AI to jointly develop energy-efficient platforms designed for AI and next-generation data centers.
CEO Fred Thiel indicated that the company aims to scale to 75 EH/s by the conclusion of 2025.
“Our vertically integrated mining operations, substantial BTC treasury, emerging international energy partnerships, and initial AI infrastructure investments each provide unique and quantifiable value,” Thiel remarked in July.
MARA Buys BTC Despite Stock Decline
The leading BTC miner experienced a 9.33% decline in its stock price on October 10, followed by a slight recovery of 2.66%. The company’s shares are currently trading at $19.13, as per Yahoo Finance.
This decline is mainly attributed to mixed sentiment in options, which overshadowed the company’s strategic efforts and operational achievements.
The post Bitcoin Mining Firm MARA Holdings Adds 400 Bitcoin Worth $46.31M: On-Chain Data appeared first on Cryptonews.
