MARA Holdings, the second-largest corporate holder of Bitcoin, transferred 1,318 $BTC worth around $87 million to Galaxy Digital, Two Prime, and BitGo on Thursday, according to Arkham Intelligence data.
The Bitcoin mining firm reached 52,850 $BTC valued at around $3 billion at the end of Q3 2025 after mining and retaining 2,144 $BTC for that quarter. When it comes to $BTC holdings, MARA trails only Strategy, which holds 713,502 $BTC on its balance sheet.
MARA shares fell nearly 19% on Thursday, pushing year-to-date losses to 25% amid mounting crypto market pressure, per Yahoo Finance. The stock edged higher in premarket trading Friday, recovering some of the previous day’s losses.
Other crypto-linked stocks also declined sharply yesterday. Strategy’s MSTR fell 17%, Coinbase dropped 13%, Robinhood Markets shed approximately 10%, and IREN Limited was down 11%.
