MARA Buys 400 BTC Following Sharp Price Crash

Bitcoin mining giant MARA (Marathon Digital) acquired 400 BTC worth $45.9 million after the recent market crash, signaling renewed institutional accumulation.

Marathon strengthens its Bitcoin holdings amid volatility

Marathon Digital Holdings (NASDAQ: MARA), one of the world’s largest public Bitcoin miners, took advantage of the recent market dip to expand its reserves.
According to data from Arkham Intelligence, Marathon purchased 400 BTC, worth roughly $45.9 million, via trading platform FalconX and custodian Anchorage Digital.

The miner now holds approximately 52,850 BTC, valued at around $6.06 billion. Analysts suggest Marathon’s move mirrors the behavior of institutional investors who accumulate during market downturns, positioning for long-term gains.

Bitcoin rebounds after 13% flash crash

Bitcoin’s sharp 13% drop on Friday followed renewed tariff tensions between the U.S. and China, which triggered a global risk-off sentiment and wiped out about $65 billion in open interest.

Some traders, however, attribute the crash to technical glitches on Binance, which reportedly caused temporary asset de-pegs and panic selling. At press time, Bitcoin traded near $115,000, up roughly 3% in the past 24 hours as trade-war concerns eased.

Marathon boosts production as global hashrate climbs

Marathon produced 218 blocks in September, a 5% increase over August, while the global Bitcoin network’s hashrate rose 9% month-over-month to an average of 1,031 EH/s.

The miner’s growing output underscores its aggressive strategy to remain competitive in a tightening market. As analysts note, self-mining expansion and continued accumulation could help Marathon solidify its position among the top-performing Bitcoin companies in 2025.