MARA Sold 13,597 Bitcoin After Q3, and It Isn't Done Selling

Brief

By Dextape Desk · November 10, 2026

MARA Holdings has sold 13,597 BTC since its third quarter closed, bringing in roughly $1.1 billion, and its Q3 shareholder letter, released on Monday, signals that further disposals are coming. The sold amount represents about 40% of the 34,012 coins the miner held as of September 30. Roughly $750 million went toward paying off the loans backed by Bitcoin that had financed the planned acquisition of Long Ridge, a gas-fueled generating site, freeing 17,477 coins that had served as collateral. The loans were taken out in August, when the price sat near $64,000, while the sales occurred around $81,039, a gap the company puts near $170 million once interest and fees are factored in.

Why it matters: The sales show a major miner reducing its holdings to fund debt repayment, buybacks and AI projects, which bears on how much crypto public miners keep on their balance sheets.

Mentioned: Bitcoin

Summary by Dextape, based on reporting by BeInCrypto. Machine-written from BeInCrypto’s report and checked against it · How Dextape writes