Crypto Miner Marathon Buys 400 BTC for $46 Million After Market Crash

crypto miner marathon buys 400 btc for $46 million after market crash
Image source: CryptoPoint.bg

Marathon Digital strengthens its strategic position by acquiring more Bitcoin despite market volatility.

Marathon Adds 400 BTC to Its Treasury

According to Arkham Intelligence, Marathon Digital acquired an additional 400 BTC worth approximately $46.3 million through crypto broker FalconX. The purchased assets were transferred to the company’s custodial account at Anchorage Digital, signaling that institutional players continue accumulating Bitcoin even in uncertain market conditions.

Transaction history shows that this was not an isolated move. In the past week, smaller transfers were also made — including 150 BTC worth $18 million, sent from FalconX’s hot wallet to Marathon’s address — proving a consistent accumulation strategy.

With this latest purchase, Marathon now holds a total of 52,850 BTC, valued at around $6.1 billion, cementing its position as one of the largest publicly traded Bitcoin holders in the world.

Smart Timing Amid Market Uncertainty

The purchase comes at a time when Bitcoin had recently dropped below $103,000 before beginning a recovery. While retail investors hesitated, Marathon seized the opportunity to “buy the dip.”

This move is seen as a vote of confidence during times of market instability. Marathon remains the second-largest public holder of Bitcoin, trailing only MicroStrategy, and continues to demonstrate strategic leadership by executing well-timed acquisitions.

When large players like Marathon increase their BTC holdings during downturns, it often restores confidence among smaller investors, helping the market bounce back.

Marathon’s Growing Influence in the Mining Sector

Despite recent market volatility, Marathon’s operations continue to expand steadily. In September, the company mined 218 blocks and produced over 736 BTC, a 5% increase from August — even as the global hashrate rose 9% during the same period.

These results highlight Marathon’s growing efficiency and resilience. While many miners struggle to remain profitable under increasing competition and price instability, Marathon demonstrates its ability to optimize resources and adapt to challenging conditions.

With improving production metrics, Marathon is not merely surviving — it continues to assert its dominant role in Bitcoin mining.

Conclusion

Marathon Digital’s purchase of 400 BTC after the market crash is yet another sign of institutional confidence in Bitcoin. The company is not only growing its holdings but also proving itself to be one of the most strategically positioned and resilient players in the crypto industry.

Frequently Asked Questions

Find answers to the most common questions below.

Marathon holds a total of 52,850 BTC, valued at over $6.1 billion after its latest 400 BTC purchase.

The company strategically bought during the dip to increase its holdings, showing confidence in Bitcoin’s long-term value.

Yes, in September alone Marathon mined 736 BTC, a 5% increase from the previous month, despite a rising global hashrate.

Мартин Н.

Founder of CryptoPoint.bg and programmer with over 17 years of experience, crypto enthusiast with deep knowledge in software development and passion for decentralization, Martin created CryptoPoint.bg to help anyone who wants to gain insight into the future of digital assets, current crypto news, analytics and blockchain innovations.