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BREAKING: Bitcoin Miner MARA Sells 15,133 BTC Worth $1.1 Billion
Marathon Digital, the world's largest public Bitcoin miner, just made the biggest BTC sale by any miner in history.
They sold 15,133 BTC to repurchase $1.1 billion in convertible debt.
Why it matters:
→ MARA treasury drops from 53,822 BTC to ~38,689 BTC (28% reduction)
→ Company posted $1.31B net loss in 2025
→ 2026 policy now allows selling reserved BTC, not just mined coins
→ Core Scientific also planning to sell most of its BTC this year