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Bitcoin miner MARA Holdings buys 15,574 BTC for $1.53 billion

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Bitcoin miner MARA Holdings announced that it has bought 15,574 BTC with a total value of $1.53 billion .

The acquisition was funded through proceeds from MARA 's zero -coupon convertible notes offerings.

With this transaction, MARA now possesses 40,435 BTC, worth about $3.9 billion at current market prices.

The move is reminiscent of a strategy popularized by MicroStrategy ’s Michael Saylor , focused on large-scale Bitcoin accumulation.

The timing of the purchase coincided with a plunge in markets as Federal Reserve Chair Jerome Powell clarified that the central bank cannot own Bitcoin .