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%.
Source: https://cryptobriefing.com/bitcoin-transfer-to-galaxy-bitgo/