MARA sells 13,597 BTC to pay down debt and fund AI data centres
Bitcoin miner MARA reportedly sold 13,597 BTC for $1.1bn in six weeks and plans more sales, despite earlier pledges to hold.
Confirmed
- MARA is a bitcoin miner
- The company has not confirmed the bitcoin sales in the available posts
Not yet known
- Unconfirmed: MARA sold 13,597 BTC for $1.1bn in six weeks
- Whether MARA will make further bitcoin sales
- Whether MARA's earlier pledge to hold bitcoin still stands
- Whether the proceeds will pay down debt and fund AI data centres
What we know
A fintech commentator says MARA sold 13,597 BTC for $1.1bn in six weeks and plans further sales, liquidating its treasury to pay down debt and fund AI data center ambitions. This is unconfirmed by the company in the available posts.
How the story developed
Bitcoin miner MARA reportedly sold 13,597 BTC for $1.1bn in six weeks and plans more sales, despite earlier pledges to hold.
Unconfirmed reports say MARA sold $1.1B of bitcoin to pay for AI datacenters and plans further sales.
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
“MARA has sold 13,597 BTC for $1.1 billion in just six weeks”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.