Orhan 
Amid a turbulent week in the cryptocurrency market, giants like BlackRock and MARA Holdings capitalized on Bitcoin’s price dip to make substantial acquisitions.
On December 5, BlackRock, one of the world’s largest asset management firms, bought 7,750 Bitcoin. This purchase, made as Bitcoin’s price dropped to $92,957, brought the company’s total Bitcoin holdings to an impressive $48.9 billion. According to Arkham Intelligence, this move highlights the surging demand for BlackRock’s spot Bitcoin ETF.
In the same period, MARA Holdings, a leader in Bitcoin mining, acquired 1,423 Bitcoin in transactions worth $139.5 million. This purchase increased MARA’s total Bitcoin reserves by 162% from the previous month, reaching 22,108 Bitcoin valued at $2.17 billion.
Additionally, an anonymous whale took advantage of the price drop, buying 600 Bitcoin worth $58.9 million.
What Are the Current Bitcoin Holdings of Companies?
According to BitcoinTreasuries data:
- Publicly traded companies hold a total of 527,026 BTC, equivalent to 2.66% of Bitcoin’s total supply.
- Governments collectively own 2,856 BTC.
- Asset management firms hold 1,253 BTC.
- Private companies’ reserves stand at 410,418 BTC.
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