MARA Holdings increases Bitcoin holdings by 400 BTC via FalconX: On-chain data
The company holds over $6 billion in Bitcoin and ranks as the second-largest corporate holder of BTC.
Key Takeaways
- MARA Holdings, a publicly listed Bitcoin mining firm, added 400 BTC to its reserves.
- The acquisition was conducted through FalconX, an institutional digital asset trading platform.
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MARA Holdings, a publicly traded Bitcoin mining company, increased its Bitcoin holdings by 400 BTC through a transaction facilitated by FalconX, a digital asset trading platform. The purchase adds to the company’s strategic cryptocurrency treasury expansion.
MARA Holdings has been positioning itself as a key player in Bitcoin accumulation strategies, focusing on long-term cryptocurrency reserves. The company recently engaged in transactions involving AI and high-performance computing operators, signaling potential diversification beyond pure Bitcoin mining.
FalconX facilitates institutional cryptocurrency transactions, including over-the-counter trades for large-scale buyers. Institutional platforms like FalconX are increasingly used for large-volume Bitcoin purchases by corporations seeking secure digital asset trading solutions.
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