MARA Sells $1.1B Bitcoin To Fund AI Infrastructure And Debt

TL;DR MARA: Sold 13,597 BTC worth about $1.1 billion after September, equal to roughly 40% of its Bitcoin holdings at that time, in a major shift from its previous policy of retaining mined coins. Debt Reduction: Used $750 million from sales proceeds to repay Bitcoin-backed loans, releasing 17,477 BTC in collateral and reducing pledged or lent holdings from 57% to less than 5%. AI Expansion: Plans to continue selling Bitcoin to build cash for AI infrastructure, support the Long Ridge acquisition, pursue data-center growth opportunities, and manage future financial obligations. Bitcoin miner MARA has sold $1.1 billion worth of Bitcoin since the end of September, marking a major shift in its treasury strategy .

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