Bitcoin News: MARA Holdings Announces $2 Billion Stock Offering to Expand Bitcoin Holdings

In a bold move that underscores the growing institutional appetite for Bitcoin, MARA Holdings has unveiled plans to raise $2 billion through a stock offering, with the aim of using the proceeds to acquire more Bitcoin in the open market. Here’s a closer look at this significant development in the cryptocurrency space.

Bitcoin Miner MARA Starts $2B Stock Sale Plan to Buy More BTC

Bitcoin mining company MARA Holdings (MARA) has announced a $2 billion stock offering to buy more bitcoin. The proceeds of the offering, which will be sold by brokers from time to time through an at-the-market (ATM) equity program with investment banks including Barclays, BMO Capital Markets, BTIG, and Cantor Fitzgerald, will be primarily used for the acquisition of Bitcoin in the open market. MARA continues to stick to its "Hodl" strategy for BTC.

Bitcoin Dominance Declines; Altcoins Begin to Regain Ground

Bitcoin’s dominance in the market has dropped from a peak of 61.2% on March 12, 2025, to 58.8% on March 28, 2025. This decline in Bitcoin’s market share suggests that altcoins are beginning to regain ground, inviting a nuanced reading of market dynamics. While BTC remains the benchmark asset, investors are showing interest in other cryptocurrencies, potentially signaling the return of capital to altcoins.

Bitcoin Poised To Hit High Before Market Cycle Peak, Predicts Arthur Hayes

The price of Bitcoin fell for a fifth consecutive day on March 29 to an intraday low of $81,769, exacerbated by U.S. President Donald Trump’s newly levied reciprocal tariffs. Traders await April 2, when broad-scale tariffs are expected to be announced. Despite this, Arthur Hayes remains optimistic that Bitcoin will reach a high figure before the current market cycle peak.

Bitcoin Holds Above $83K With Bullish Momentum Building Toward $91,300

Bitcoin is firmly placed above the $83K level, reflecting unstinting bullish pressure as it makes consistent strides towards the pivotal $91,300 resistance level. A series of consecutive, strong bullish candles highlights relentless market demand and ongoing buyer control with minimal or no selling pressure. Momentum indicators like a construction RSI and bullish MACD crossover continue to indicate accelerating upside potential based on rising buying momentum and mounting confidence in the market. Bitcoin currently trades at $87,999 on Binance, demonstrating steady bullish momentum. Price action confirms recovery from March lows NEAR $78,000. A breakout above the $83,000 resistance further supports continued upside movement.

Bitcoin Nears Worst Q1 Close Since 2018: Will Bearish Metrics Push BTC Price Below $80K?

The crypto market’s recent recovery faded on Friday as a sharp sell-off erased nearly all weekly gains. Investors turned cautious amid concerns over President Trump’s upcoming tariffs scheduled for April 2 along with stronger-than-expected CORE PCE data. With Bitcoin facing rising selling pressure below $85,000, it’s on track for its worst quarter since 2018, allowing analysts to speculate whether it might finish March below the critical $80,000 level. According to Coinglass data, nearly $90.56 million in BTC positions were liquidated.