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BlackRock and MARA Holdings Buy Bitcoin as Price Falls

BlackRock and MARA Holdings Buy Bitcoin as Price Falls

HappyCoinNewsHappyCoinNews2024/12/07 11:33
By:HappyCoinNews

Asset manager BlackRock and miner MARA Holdings continued to accumulate bitcoin after its flagship kriptovalyuta fell to $92,957. In total, companies bought 9173 BTC.

BlackRock purchased 7750 bitcoins and now owns $48,9 billion worth of BTC, according to Arkham.

BlackRock is the fastest growing ETF in history," said Thomas Farer, founder of Apollo, which tracks the spot market. bitcoin ETF .

Mining company MARA Holdings made four transactions worth $5 million on December 6 and 139,5, purchasing 1423 bitcoins, according to data from analytics firm Lookonchain. MARA currently holds 22 coins worth $108 billion, up 2,17% from last month.

A major investor also took advantage of the fall in the flagship cryptocurrency’s rate, buying 5 BTC on December 600 for about $58,9 million.

Just one day earlier, on December 4, health technology company Semler Scientific purchased another 303 bitcoins at an average price of $96,779. The transaction occurred just hours before the asset surpassed the $100,000 mark.

BlackRock and MARA Holdings Buy Bitcoin as Price Falls image 0

Top 10 Corporate BTC Holders

In total, 67 corporate Bitcoin holders own 527 coins, which is 026% of the current supply of the flagship cryptocurrency.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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