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4h ago

MARA Adds 400 Bitcoin After Crash, Lifting Treasury Above 53,000 BTC

Prices rebounded following a record crypto washout linked to tariff threats.

Btc mining firm marathon (mara) scoops up 400 btc after price crash, on chain data show
MARA Holdings increases Bitcoin holdings by 400 BTC via FalconX

Overview

  • MARA purchased 400 BTC for about $46.29 million from institutional liquidity provider FalconX, using wallet address “3MYao,” according to Decrypt.
  • The acquisition pushes the miner’s reported holdings above 53,000 BTC, keeping it the second‑largest corporate holder by Bitcoin Treasuries Net data.
  • Bitcoin traded near $114,763 after plunging from above $121,000 to below $106,000 during a liquidation event that wiped out more than $19 billion in positions.
  • The market slump followed tariff threats from President Donald Trump, then weekend comments eased tensions as trading stabilized.
  • Analysts framed MARA’s buy as a confidence signal, while the stock last closed at $18.64 on Oct. 10, down 7.75% from the prior session, per Google Finance.