Author: Brayden Lindrea, CoinTelegraph; Compiler: Tao Zhu, Golden Finance

Bitcoin trading companies BlackRock and MARA Holdings purchased a total of 9,173 Bitcoins, while As the price of Bitcoin dropped to $92,957 on December 5, an unknown whale acquired 600 Bitcoins.

As buyers snapped up shares of its spot Bitcoin exchange-traded fund, BlackRock bought up to 7,750 Bitcoins, adding to its holdings at current prices, Arkham data showed. The total Bitcoin value reached $48.9 billion.

“The fastest growing ETF ever,” said Thomas Fahrer, founder of Apollo, a cryptocurrency markets firm that tracks the spot Bitcoin ETF market.

Source: Thomas Fahrer

Meanwhile, Bitcoin miner MARA Holdings announced on December 5 1,423 Bitcoins worth US$139.5 million were purchased in four transactions from the 6th to the 6th.

Prior to the Bitcoin purchase, MARA completed a second $850 million convertible note issuance, which the company said it would use to accumulate more Bitcoins.

Data from Arkham Intelligence shows that MARA currently holds 22,108 Bitcoins, worth $2.17 billion. This figure represents a significant increase of 162% compared to the same period last month.

In Q3, MARA pivoted to a new fiscal policy that would “retain all” of its mined Bitcoin and employed a range of capital markets tools to grow its Bitcoin reserves — similar to MicroStrategy The Bitcoin Playbook.

At the same time, Lookonchain pointed out in another X post that an anonymous crypto whale also appeared to have taken advantage of the Bitcoin price plunge on December 5, buying 600 Bitcoins worth 600 Bitcoins at the bottom. $58.85 million.

BitInfoCharts data shows that before the first transaction on November 24, the whale’s wallet address “bc1pg…u0pk3” held no Bitcoin.

Just one day earlier, medical technology company Semler Scientific bought 303 Bitcoins at an average price of $96,779 on December 4 — just hours after Bitcoin passed the $100,000 milestone. Before.

The company’s recent Bitcoin purchases increased its holdings to 1,873 Bitcoins, worth $182.8 million.

According to Bitcoin Treasuries Track 6According to data from 7 listed companies, Bitcoin holding companies like Semler Scientific hold a total of 527,026 Bitcoins, accounting for 2.66% of the current supply of Bitcoin.

The ten largest publicly traded Bitcoin holders. Source: Bitcoin Treasurers

holds 2,856 Bitcoin, while asset managers and private companies hold 1,253 Bitcoin and 410,418 Bitcoin respectively.