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      Marathon Digital Holdings Acquires 1,292 Bitcoin for $98.6 Million

      Marathon Digital Holdings, a publicly traded Bitcoin mining company based in the United States and known by its ticker symbol MARA, has purchased 1,292 Bitcoin for approximately $98.6 million, translating to about $76,347 per coin. This acquisition was facilitated through FalconX, an institutional prime broker, and was revealed through on-chain analytics from Lookonchain prior to any official announcement from the company.

      Earlier in 2026, Marathon Digital Holdings sold nearly 21,000 Bitcoin, amounting to around $1.5 billion, to manage operational expenses and invest in artificial intelligence and high-performance computing infrastructure. This sale significantly reduced the company's Bitcoin holdings from about 53,822 BTC at the end of 2025 to approximately 35,303 BTC by March 2026, marking a decrease of over a third.

      The recent purchase on September 15 is part of a broader strategy shift for Marathon, which had previously adopted a sell-heavy approach. The company had also acquired 1,000 BTC through FalconX in June 2026, indicating a potential return to accumulation rather than a permanent shift away from it. As of early 2026, Marathon's Bitcoin treasury was valued between $2.4 billion and $2.7 billion, positioning it among the largest corporate Bitcoin holders globally, often competing with MicroStrategy for the second-largest title.

      The use of FalconX for both recent purchases suggests a strategic operational playbook for large transactions, allowing Marathon to source liquidity efficiently while minimizing market impact. Observers will be watching to see if Marathon provides further details on its treasury strategy and how its investments in AI and high-performance computing evolve alongside its renewed Bitcoin accumulation.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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