MARA Buys 400 Bitcoin as BTC Rebounds Above $114K

Highlights:

• MARA Holdings acquired 400 Bitcoin worth $46.29 million, pushing total holdings beyond 53,000 BTC.
• Bitcoin rebounded over $114,000 after $19 billion in liquidations during market turmoil.
• Bitcoin dominance surged past 60% as Saylor and Tether CEO signaled more accumulation.

MARA Holdings, a publicly listed Bitcoin mining firm, has acquired 400 Bitcoin worth $46.29 million from institutional crypto liquidity provider FalconX earlier today, a well-known digital asset trading platform. This move aligns with the company’s ongoing strategy to strengthen and grow its Bitcoin treasury.

Marathon Digital Boosts Bitcoin Holdings Past 53,000

The recent purchase was made through MARA’s wallet address “3MYao.” With this, the company’s total Bitcoin holdings have crossed 53,000 BTC. It remains the second-largest corporate Bitcoin holder after Strategy, which holds 640,031 BTC, according to Bitcoin Treasuries Net data. Meanwhile, the company has also made deals with artificial intelligence and high-performance computing firms, which show plans to expand beyond Bitcoin mining.

MARA Holdings, which holds 52,850 $BTC($6.12B), bought another 400 $BTC($46.31M) through #FalconX 2 hours ago.https://t.co/pz4qGMyLze pic.twitter.com/2R42GgwLn4

— Lookonchain (@lookonchain) October 13, 2025

The acquisition happened as Bitcoin rebounded to $114,477, marking a 3.4% increase in the last 24 hours, according to CoinMarketCap. This recovery followed the largest liquidation event in crypto history on Friday.

More than $19 billion worth of crypto positions were liquidated after President Donald Trump announced plans for “massive” tariffs on China. The news caused Bitcoin to drop sharply from above $121,000 to below $106,000 before bouncing back. Markets calmed over the weekend after Trump eased his tone. He said on Truth Social that the U.S. wants to help China, not harm it, and called President Xi “highly respected.”

In a recent X post, Peter Brandt stated that the Bitcoin bull market “remains strong and active.” This signals that the upward momentum in Bitcoin continues despite market fluctuations. The chart he shared confirmed that the leading cryptocurrency is still trending upward, even after facing recent challenges.

Brandt said Ethereum is “ready to rock and roll.” He believes it may rise soon. His chart shows Ethereum is resting now and could break higher. For XRP, Brandt said the small drop is normal. He had already listed XRP as a possible winner. He also saw a descending triangle forming on its chart.

A few final posts for the weekend, then I will leave you youngsters with your dreams$XRP – just a minor reaction in bigger theme of things$BTC – bull still alive and well$XLM – a bull waking from a nap$ETH – ready to rock and roll
If I change my mind I won't let you know pic.twitter.com/rL1nVETYSn

— Peter Brandt (@PeterLBrandt) October 11, 2025

Bitcoin Dominance Surges as Saylor and Tether CEO Hint at More Accumulation

Michael Saylor also fueled fresh speculation about another Bitcoin purchase after the recent market crash. He shared a chart of MicroStrategy’s Bitcoin holdings with the caption, “Don’t Stop ₿elievin’.” The chart showed that the company holds 640,031 BTC, bought at an average price of $73,983 per coin, hinting that more accumulation could follow.

Don’t Stop ₿elievin’ pic.twitter.com/LUMroqLSCl

— Michael Saylor (@saylor) October 12, 2025

Tether CEO Paolo Ardoino made another positive comment about the market. Replying to a past quote, he said, “Bitcoin and Gold will outlast any other currency.” His words showed Tether’s strong belief in long-term value assets. Ardoino added that the company will keep putting money into Bitcoin and Gold.

Meanwhile, Bitcoin’s dominance in the market has grown stronger. According to TradingView data, BTC dominance has crossed the 60% resistance level for the first time in months. This shows that money is moving from altcoins into Bitcoin. Analyst CryptoPulse noted that a retest near 62% could confirm the start of a Bitcoin-led recovery phase.

📊 BTC Dominance Breaks Key Level

After months of decline, Bitcoin Dominance has finally broken above its last swing high at ~60.6%, marking a clear shift in market structure. ⚡

This move signals capital rotation back into BTC as traders seek safety amid recent volatility.… pic.twitter.com/C6kVDInYpn

— CryptoPulse (@CryptoPulse_CRU) October 12, 2025