MARA Holdings transfers $81M in Bitcoin to Galaxy Digital
Image: Crypto.newsOn October 9, onchain analytics platform Lookonchain flagged a transfer of 996.105 BTC worth approximately $81.13 million from a MARA Holdings wallet to an address linked to Galaxy Digital. The transfer equals roughly 2.8% of MARA's reported 35,577 BTC holdings as of June 30, 2026. Onchain records do not confirm whether Galaxy Digital sold the transferred assets or held them for another purpose. MARA sold 23,093 BTC for roughly $1.6 billion in the first half of 2026.
Key points
- The transfer equals roughly 2.8% of MARA's reported 35,577 BTC holdings as of June 30, 2026
- Onchain records do not confirm whether Galaxy Digital sold the transferred BTC or held it for other purposes
Why it matters
The transfer adds to recent large corporate Bitcoin treasury movements, while US spot Bitcoin ETFs recorded $484.9 million in withdrawals on October 7. Bitcoin traded near $82,300 on October 9, with technical indicators showing continued short-term selling pressure.
What's unclear
Whether Galaxy Digital sold the transferred 996.105 BTC on MARA's behalf or held it for another purpose
MARA's exact current Bitcoin treasury balance, as its June 30 reported holdings may have changed since that date
Price context · BTC
At publication
$83,310.00
Now
$83,071.00
Change since
−0.29%
7 days · dashed line = publication
Sources · 3 publishers
Coinpedia
Tier 3
MARA Transfers $81M in Bitcoin to Galaxy Digital as Crypto Liquidation Hits $1B
Blockonomi
Tier 3
MARA Holdings Sends $81M to Galaxy—What Next?
Coverage timeline
- First reported by Crypto.news
- Confirmed by Coinpedia
- CryptoVideos brief published
How this brief was made. Our system found this event in 3 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
