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MARA, the largest publicly-listed miner in the U.S., acquired 15,574 BTC for about $1.53 billion.
Hut 8, the eighth-largest public miner by market cap, acquired 990 bitcoin for approximately $100 million.
A crypto analyst said we are yet to see the “Santa rally” the market has been hoping for after $1 billion was liquidated in the crypto markets in just 24 hours.
El Salvador agreed to limit various bitcoin-related activities in exchange for a $1.4 billion IMF loan that aims to promote fiscal and external stability.
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