Bitcoin Miner MARA Liquidated $1.1B in BTC Over Six Weeks
By TickerJolt Markets Desk • Fact-checked under TickerJolt Editorial Standards
Photo: Dimitri Karastelev / Unsplash
The Scoop
Bitcoin miner MARA sold 13,597 BTC for $1.1 billion over a six-week period to eliminate all bitcoin-backed debt. The company confirmed the asset liquidation strategy in a public statement.
$1.1B
Value of BTC sold by MARA over six weeks
Why It Matters
- MARA paid off every loan secured by its bitcoin holdings.
- Remaining coin reserves will be allocated to fund AI datacenter operations.
- The mining firm announced plans to continue selling portions of its bitcoin treasury.
Primary Source / Reference:
CoinDesk ↗
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