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Crypto

Mara Holdings Buys Over 1,200 Bitcoins Worth Nearly $99 Million

Guavy AI Editorial Team
Instruments
BTC
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MARA Holdings, a publicly traded Bitcoin mining company listed on Nasdaq, has made another significant purchase of Bitcoin. According to data from Lookonchain, the company bought 1,292 BTC via FalconX approximately nine hours ago.

The total value of the transaction was reported to be around $98.64 million, marking another notable institutional Bitcoin purchase by MARA Holdings as reflected in on-chain data.

This latest purchase demonstrates the company's continued approach to increasing its Bitcoin holdings, instead of selling the BTC they earn from operations.

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