Bitcoin mining company MARA Holdings reportedly acquired 1,292 BTC worth approximately $98.6 million, according to on-chain data tracked through Mempool.space and related Bitcoin blockchain explorers. The reported purchase implies an average acquisition price near $76,300 per coin, though the exact timing and price depend on when individual transactions settled on-chain.
Blockchain attribution links a wallet address to a known entity, but that linkage typically requires corroboration through a company disclosure, press release, or regulatory filing. As of the reporting, MARA has not issued a formal statement confirming the purchase. Investors seeking authoritative confirmation are advised to monitor the company’s SEC filings via its EDGAR profile.
If verified, the acquisition would increase MARA’s direct Bitcoin exposure beyond coins earned through mining rewards. MARA has previously treated Bitcoin as a core treasury asset, pledging $1.2 billion in Bitcoin as collateral for a $600 million financing arrangement. The latest purchase continues a broader corporate accumulation trend: Trump Media recently acquired 4,597 BTC, bringing its reported total to 14,139 BTC, while Strategy sold $109 million worth of BTC for a second consecutive week.
Until formal confirmation is available, the 1,292 BTC figure and the approximately $98.6 million valuation should be treated as reported rather than verified.
