Marathon Digital Holdings acquired 1,292 Bitcoin. The transaction totaled approximately $98.6 million. Institutional broker FalconX executed the trade, which was first identified through on-chain data.

The acquisition marks a strategic return to accumulation. Marathon previously sold over 20,000 BTC during the first half of 2026.

Those sales funded debt reduction and expansion into artificial intelligence infrastructure. The company continues to pursue a hybrid business model of digital asset mining and AI computing.