Marathon Moves 1,318 BTC ($86.9M) to Institutional Wallets During Dip

Published at 2026-02-06 22:30:30

Marathon Digital shifted 1,318 BTC — roughly $86.9 million at the time — into institutional wallets during a recent dip in BTC prices. The on-chain movement, reported on Feb. 6, 2026, reflects a coordinated treasury action rather than routine mining disbursements, according to transaction flows. Moving coins to institutional addresses typically points to custody arrangements, liquidity management, or preparation for institutional services.

For investors and market watchers, the transfer is a positive signal about Marathon’s treasury posture: the company appears to be actively managing risk and operational flexibility rather than liquidating holdings into weakness. While the immediate market impact is limited, such transactions can reduce short-term selling pressure and show confidence in long-term BTC exposure, reinforcing Marathon’s position as a major industry operator.

Share on:

Related news

Morgan Stanley Begins Bitcoin Miner Coverage: Buy CIFR & WULF, Sell MARA

Morgan Stanley launched formal coverage of bitcoin miners, reclassifying some operations as infrastructure and rating CIFR and WULF as Buys while assigning a Sell to MARA. The move lifted CIFR and WULF shares as investors re-evaluated miner business models.

Published at 2026-02-09 18:00:36
Ripple Boosts Institutional Custody with HSM Security and Staking Partners

Ripple has expanded its institutional custody offering by partnering with Securosys and Figment, adding hardware security module protection and staking support for institutional clients. The move aims to strengthen key security and provide yield options for holders of supported assets.

Published at 2026-02-09 17:00:46
Michael Saylor's MicroStrategy Buys 1,142 BTC During Recent Crash

MicroStrategy acquired 1,142 bitcoins for about $90 million, averaging $78,815 per coin. The purchase was made at the onset of last week’s crypto market crash.

Citigroup Reiterates Buy on MicroStrategy Amid Aggressive Bitcoin Push

Citigroup reaffirmed its buy rating on MicroStrategy on Feb. 9, 2026, backing the firm’s continued Bitcoin accumulation despite billions in unrealized losses. The move signals ongoing institutional confidence in corporate Bitcoin treasuries.

Bitcoin, Stock Futures Rebound as Markets Steady After Tech Rout

Bitcoin held above $70,000 as crypto markets stabilized and U.S. stock futures rebounded; a CFTC oversight bill advanced in Congress and U.S. jobs data is due Wednesday.

Published at 2026-02-09 12:30:49