Bitcoin Miner MARA Now Holds $6.4B in BTC
MARA becomes the 2nd largest public holder of Bitcoin with 52,850 BTC worth $6.4B, just behind MicroStrategy.
- MARA now holds 52,850 Bitcoin valued at $6.4 billion
- Second-largest public BTC treasury after MicroStrategy
- Reflects growing institutional confidence in Bitcoin
Bitcoin miner MARA (Marathon Digital Holdings) has officially secured its position as the second-largest publicly traded company holding Bitcoin, trailing only MicroStrategy. As of the latest update, MARA’s treasury boasts a staggering 52,850 BTC, currently valued at approximately $6.4 billion. This marks a major milestone in the company’s long-term Bitcoin accumulation strategy.
By comparison, MicroStrategy—the largest corporate Bitcoin holder—owns over 150,000 BTC, but MARA’s aggressive accumulation now sets it apart from all other corporate entities in the crypto space.
Strategic Accumulation Amid Market Optimism
MARA’s Bitcoin stockpile isn’t just for show—it’s a calculated strategy in line with their mining business model. Unlike traditional investors, MARA generates Bitcoin through its mining operations and strategically holds a portion rather than immediately selling. This approach allows the company to benefit from potential long-term price increases and positions it as a powerful player in the institutional Bitcoin landscape.
The move comes amid renewed optimism in the Bitcoin market, with growing interest from ETFs, institutions, and long-term holders. As the price of Bitcoin hovers above $120,000, MARA’s holdings represent both a financial asset and a statement of confidence in the future of digital currencies.
Institutional Confidence in Bitcoin Keeps Growing
The fact that MARA now ranks second only to MicroStrategy in Bitcoin holdings is a clear signal: institutions are betting big on Bitcoin. Holding BTC on the balance sheet is no longer just a speculative move—it’s becoming a strategic reserve asset for tech-forward firms.
This development may also encourage other companies, especially in the crypto sector, to increase their own Bitcoin holdings or explore treasury strategies involving digital assets.
Read Also :
- Bitcoin Whales Buying as Small Investors Sell
- VanEck’s Solana ETF VSOL Launches with Staking Rewards
- Bitcoin Faces 49% Chance of Dropping to $85K in November
- Mt.Gox Transfers 10,422 BTC Worth $936M – What’s Next?
- Bitcoin Faces New Death Cross: Bottom or Bear Market?
