Bitcoin Miner MARA Expands Holdings with 703 BTC Purchase, Now Holds 34,794 BTC

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Bitcoin mining powerhouse MARA (formerly Marathon Digital) has bolstered its cryptocurrency reserves by acquiring an additional 703 BTC, elevating its total Bitcoin holdings to 34,794 BTC. This strategic move underscores the company's confidence in Bitcoin's long-term value amid growing institutional interest.

MARA’s Aggressive Bitcoin Accumulation Strategy

Key Details of the Latest Purchase

MARA’s CEO Fred Thiel shared a bullish outlook in a recent CNBC interview, highlighting institutional momentum and potential regulatory shifts under a new U.S. administration. The company’s stock (NASDAQ: MARA) reflects this optimism, closing at $26.92 on November 27—a 7.81% daily gain and 26.92% surge over six months.

Funding the Bitcoin Treasury

Earlier this month, MARA secured $1 billion through 0% convertible senior notes, allocating:

👉 Discover how top firms like MARA leverage Bitcoin for corporate growth


Corporate Bitcoin Adoption: A Growing Trend

MARA’s strategy parallels MicroStrategy’s audacious BTC acquisitions, which now exceed $5.4 billion. Other notable players include:

Market Implications

Analysts speculate Bitcoin could surpass $100,000 in early 2026, driven by:

  1. Institutional demand.
  2. Favorable regulatory tailwinds.
  3. Scarcity-induced price rallies post-halving events.

At press time, BTC trades at $95,615, up 1% in 24 hours.


FAQ: MARA’s Bitcoin Strategy

Q1: Why is MARA buying so much Bitcoin?
A: MARA views BTC as a hedge against inflation and a cornerstone of its treasury strategy, aligning with trends like MicroStrategy’s approach.

Q2: How does MARA fund its Bitcoin purchases?
A: Through capital raises (e.g., $1 billion in convertible notes) and operational cash flow.

Q3: What’s the long-term price target for Bitcoin?
A: Analysts project $100,000+ in 2026, fueled by adoption and ETF inflows.

👉 Explore institutional crypto strategies reshaping markets


Note: All financial figures are as of November 2025. Price data subject to market fluctuations.


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