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Marathon Digital Seizes Opportunity: Scoops Up 400 BTC Following Market Plunge

Marathon Digital Seizes Opportunity: Scoops Up 400 BTC Following Market Plunge

Author:
Coindesk
Published:
2025-10-13 05:55:04
24
3

BTC Mining Firm Marathon (MARA) Scoops Up 400 BTC After Price Crash, On-Chain Data Show

When bitcoin tanks, the sharks start feeding.

The Strategic Move

Marathon Digital just deployed $46 million to grab 400 bitcoin during the recent price collapse. While retail investors panicked, this mining giant went shopping—proving once again that institutional players treat market crashes as Black Friday sales with better discounts.

Timing the Bottom

The purchase came right after bitcoin shed billions in market cap, demonstrating Marathon's conviction in buying when blood runs in the streets. They're not just mining bitcoin—they're accumulating it aggressively during fire sales, betting big on the long-term thesis while others flee.

Corporate Treasury Playbook

This isn't their first rodeo. Marathon continues treating their balance sheet like a crypto hedge fund, strategically adding to their bitcoin reserves when weak hands capitulate. Because nothing says confidence like dropping millions while everyone else is checking their portfolio values through their fingers.

Wall Street's worst nightmare—a company that actually believes in its own industry enough to buy the dip while traditional finance pundits predict the end of crypto. Some call it bold, others call it reckless—Marathon calls it Tuesday.

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