Bitcoin Miner MARA Offloads 13,597 BTC for $1.1B in Six Weeks, Plans Further Sales

BTC-0.45%
According to Frank Chaparro, content lead at GSR, bitcoin miner MARA has offloaded 13,597 BTC for $1.1 billion within six weeks, with plans to sell more. The company, which previously committed to holding its bitcoin reserves, is now liquidating holdings to repay debt and fund artificial intelligence data center development.
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