BlackRock, MARA Holdings and Whales Buy Nearly 10,000 Bitcoin as Price Falls

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BlackRock and MARA Holdings bought 9,173 Bitcoins when the price dropped to $92,957 on December 5, with BlackRock buying 7,750 Bitcoins, bringing the company's total Bitcoin holdings to $48.9 billion. An anonymous whale also bought another 600 Bitcoins.

According to Thomas Fahrer , founder of Apollo, BlackRock's Bitcoin spot ETF is the “ fastest growing ETF ever .”

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MARA Holdings purchased 1,423 Bitcoins worth $139.5 million on December 5 and 6 after raising $850 million from a convertible bond offering, bringing its total Bitcoin holdings to 22,108 BTC, worth $2.17 billion, up 162% from the previous month. MARA has adopted a strategy of retaining all of its mined Bitcoins, similar to MicroStrategy.

Meanwhile, an anonymous whale purchased 600 Bitcoins worth $58.9 million during the December 5 price drop, with the first transaction on the wallet address taking place on November 24.

Semler Scientific purchased an additional 303 Bitcoins at an average price of $96,779 on December 4, bringing its total Bitcoin holdings to 1,873 BTC, worth $182.8 million.

According to BitcoinTreasuries , 67 public companies, including Semler, hold a total of 527,026 Bitcoin, representing 2.66% of the current supply.

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Governments hold 2,856 Bitcoins, asset management companies hold 1,253 Bitcoins, and private companies own 410,418 Bitcoins. Bitcoin is currently trading at $97,580, down 4.9% over the past 24 hours.