TLDR
- MARA Holdings bought 1,292 Bitcoin worth close to $98.64 million through FalconX on September 16.
- The purchase was reported by on-chain analytics firm Lookonchain, marking one of MARA Holdings’ biggest buys in nearly a year.
- MARA Holdings now holds 35,577 Bitcoin, valued at close to $2.7 billion.
- The buy came the same week AI industry leaders called for slower, more supervised development of frontier AI models.
- MARA Holdings stock fell 2.7% to $11.24 after JPMorgan downgraded the company, citing concerns over its Starwood joint venture.
MARA Holdings, a Bitcoin mining company, purchased 1,292 Bitcoin on September 16. The purchase was worth close to $98.64 million.
The transaction went through FalconX, a crypto trading firm. On-chain analytics platform Lookonchain first reported the purchase on social media.
The buy marks one of MARA Holdings’ biggest Bitcoin purchases in close to a year. The company has mostly been selling Bitcoin throughout the year to fund other projects.
Earlier in 2026, MARA Holdings sold 23,093 Bitcoin. That sale was worth close to $1.63 billion as the firm shifted focus toward AI infrastructure services.
The new purchase drew attention from traders watching corporate treasury activity. Some viewed the move as a sign of renewed confidence in Bitcoin.
MARA Holdings’ Bitcoin Treasury Grows
After the latest purchase, MARA Holdings now holds 35,577 Bitcoin. Of that total, 9,270 Bitcoin sits under the company’s digital asset management strategy.
At current prices, the full holding is valued at close to $2.7 billion. The size of the treasury places MARA Holdings among the larger corporate Bitcoin holders in the industry.
The purchase also landed the same day the CLARITY Act failed a Senate cloture vote. The crypto bill, backed by President Trump, was blocked in a 50-49 procedural vote.
Four Republican senators voted against the bill. The CLARITY Act was meant to set clearer federal rules for digital asset regulation.
AI Industry Leaders Push for Slower Development
The Bitcoin purchase came the same week AI executives called for a slower, more supervised pace of frontier model development. Anthropic CEO Dario Amodei wrote an essay titled “We Must Pace the Frontier.”
In it, he raised concerns about AI models being used to help build future generations of AI systems. The essay added to growing unease across the tech industry.
OpenAI’s Sam Altman and xAI’s Elon Musk both spoke about rising risks tied to AI. Both executives pointed to the need for stronger safety measures going forward.
Google DeepMind AGI safety researcher Bilal Chughtai resigned from his position this week. He warned that AI “has the potential to kill us all.”
The comments from AI leaders were read by markets as a warning sign for the AI spending boom. AI stocks saw sharp selloffs following the remarks.
Bitcoin price rose during the same stretch. Some investors treated the AI slowdown talk as a reason to shift funds toward Bitcoin instead.
MARA Holdings stock fell 2.7% on Tuesday, closing at $11.24. The drop followed a downgrade from JPMorgan.
JPMorgan moved MARA Holdings’ stock rating down two levels to Underweight. The bank cited concerns about the company’s Starwood joint venture and its outlook.
Investors who want to track similar corporate Bitcoin purchases can use blockchain research tools. These tools follow wallet activity and large transactions in real time.
The post MARA Holdings Bitcoin Treasury Reaches 35,577 BTC appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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