Bitcoin Miner MARA Sells 13,597 BTC for $1.1 Billion in Six Weeks, Plans Further Sales
Key Highlights: MARA Holdings sold 13,597 Bitcoin for $1.1 billion following September, offloading roughly 40% of its treasury reserve. The miner used $750 million of the sales proceeds to pay down debt, freeing 17,477 BTC previously locked as loan collateral. Proceeds are targeted at AI infrastructure expansion, clearing bridge loans for the Long Ridge power ...