Bitcoin News Today: Institutions Buy the Dip as MARA's BTC Treasury Surpasses $6.1B

MARA Holdings Inc. (NASDAQ: MARA) has added 400 Bitcoin (BTC) to its corporate treasury, acquiring the cryptocurrency for $46.29 million from institutional liquidity provider FalconX. The purchase, executed through MARA's wallet address "3MYao," elevates the publicly traded miner's total holdings to 52,850 BTC, valued at over $6.12 billion, cementing its position as the second-largest corporate Bitcoin holder after MicroStrategy's 640,031 BTC stash. The move follows a historic market selloff last week, during which over $19 billion in crypto positions were liquidated after President Donald Trump's threats of "massive" tariffs on Chinese imports sent Bitcoin plunging from above $121,000 to below $106,000.

Bitcoin has since rebounded to $114,763, up 3.2% in the last 24 hours, as markets stabilized after Trump softened his rhetoric, stating on Truth Social that Washington "wants to help China, not hurt it." Institutional investors, including MARA, have interpreted the volatility as a buying opportunity. "The market broke down into chaos last week and almost immediately everybody was buying," said Pav Hundal, Lead Market Analyst at Swyftx, noting that MARA's move reflects a broader trend of "buy the dip" accumulation. Hundal highlighted that global monetary easing could further buoy Bitcoin, as inflation forecasts face downward pressure from declining oil prices and demand.

Technical indicators suggest Bitcoin's recovery is gaining traction. The 9-day and 20-day exponential moving averages (EMAs) have flattened after an extended downtrend, while the Relative Strength Index (RSI) has recovered from oversold levels. Order book data shows strong bid support near $115,000, with ask walls forming around $115,500, creating a tight liquidity range. A sustained close above $117,000 could confirm a bullish reversal, while a breakdown below $112,500 risks further declines.

MARA's stock closed at $18.64 on October 10, down 7.75% from its previous close, reflecting broader market weakness. However, the company's mining operations remain robust, with September production rising 5% to 218 blocks and 4% to 736 BTC mined. CEO Fred Thiel attributed the growth to increased operational efficiency, including 100% capacity utilization at its Ohio site and progress at its Texas wind farm.

The acquisition underscores a shift in corporate Bitcoin strategies, with institutions leveraging volatility to accumulate at discounted prices. Michael Saylor, founder of MicroStrategy, has hinted at potential follow-on purchases, reinforcing confidence in Bitcoin's long-term trajectory. Analysts note that MARA's hybrid approach-combining mining output with strategic treasury purchases-positions it to benefit from both Bitcoin's price action and macroeconomic tailwinds.

While retail traders remain cautious, institutional inflows are seen as critical for sustained recovery. "Large holders continue to 'buy the dip,' signaling confidence in Bitcoin's medium-term upside," said a report from ecoinimist.com. The market now awaits further policy clarity and economic data to determine whether the rebound will evolve into a sustained bull run or face renewed selling pressure.

Source: [1] MARA Holdings Buys $46 Million in Bitcoin Post-Crypto Market ... (https://finance.yahoo.com/news/mara-holdings-buys-46-million-052119393.html)

[2] Bitcoin Bulls Re-Emerge After MARA Adds 400 BTC and Saylor ... (https://ecoinimist.com/2025/10/13/bitcoin-bulls-re-emerge-mara-strategy/)

[4] MARA Announces Bitcoin Production and Mining Operation (https://www.globenewswire.com/news-release/2025/10/03/3160936/0/en/MARA-Announces-Bitcoin-Production-and-Mining-Operation-Updates-for-September-2025.html)

[11] Crypto treasury companies explained: Strategy, BitMine, MARA ... (https://info.arkm.com/research/crypto-treasury-companies-explained-strategy-bitmine-mara-and-more)