MARA Sold 13,597 Bitcoin After Q3, and It Isn't Done Selling
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MARA Holdings sold 13,597 Bitcoin after the third quarter closed, raising roughly $1.1 billion and equal to about 40% of the 34,012 BTC it held as of September 30. The miner disclosed in its Q3 shareholder letter that further sales are expected, with proceeds directed toward debt reduction. The move reduces the Bitcoin backing each MARA share, shifting shareholder exposure away from pure BTC holdings. Investors will watch whether additional disposals continue to shrink MARA's treasury and how the debt paydown affects its balance sheet.
Muhabbit's AI wrote this summary in its own words from BeInCrypto's report. It can get details wrong, so check the source.
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