MARA Dumps Over 13,500 Bitcoin for Over $1B to Wipe out Its BTC Loans

Bitcoin miner MARA Holdings sold 13,597 BTC for about $1.1 billion after the third quarter closed and used $750 million of the proceeds to repay all of its bitcoin-backed loans. A $1.1 Billion Sale Disclosed in the 10-Q The sale surfaced in MARA’s quarterly report filed with the Securities and Exchange Commission (SEC) on Nov. […]

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