Summary
MARA Sells $1.1 Billion in Bitcoin, Revenue Falls 35%
U.S. Bitcoin miner MARA sold a large amount of Bitcoin and fully repaid its collateralized loan, Wu Blockchain reported on November 9.
bloomingbit
Publisher
Nov 10, 2026 at 4:04 AM UTC · 1 분 소요
Key Signal
13,597 BTC Bitcoin sold post-quarter
Entities
bitcoin
Last Updated
3일 전
번역 중…
- MARA said it sold 13,597 Bitcoin to raise about $1.1 billion and fully repaid its $750 million Bitcoin-backed loan.
- MARA said third-quarter revenue fell 35% from a year earlier to $164.2 million, but it posted net income of $632 million after reflecting about $885 million in fair-value gains on digital assets.
- As of September 30, MARA said its Bitcoin holdings stood at 34,012, down 36% from a year earlier, while Bitcoin production during the same period rose 5% to 2,247.
Forecast Trend Report by Period
U.S. Bitcoin miner MARA sold a large amount of Bitcoin and fully repaid its collateralized loan, Wu Blockchain reported on November 9.
In its third-quarter 2026 earnings report, MARA said it sold 13,597 Bitcoin after the quarter ended, raising about $1.1 billion. The average sale price was $81,039 per token.
Bitcoin moved from $82,133.7 to $70,330.4 over the last 30-day period, a decline of 14.4 percent.
Source: Kraken · NewsLayer Markets · Updated 몇 초 전
The company used the proceeds to fully repay its $750 million Bitcoin-backed loan. The repayment also released the lien on 17,477 Bitcoin that had been pledged as collateral.
Third-quarter revenue was $164.2 million, down 35% from a year earlier. Net income was $632 million. Results were boosted by about $885 million in fair-value gains on digital assets.
As of September 30, MARA held 34,012 Bitcoin, down 36% from a year earlier. Over the same period, Bitcoin production rose 5% to 2,247, diverging from the decline in holdings.
Follow the Story
- Nov 10MARA Sells $1.1 Billion in Bitcoin, Revenue Falls 35%
- Nov 13Bitcoin News: Saylor’s Strategy Gets Booted From MSCI While AlphaPepe Pushes Past $3.38M Whilst on Presale
- Nov 13Bitcoin plunges below $71,000 following Nvidia CEO resignation
- Nov 13Bitcoin Price Trades Near $71,200 After a Fresh Session Low as the 10-Year Yield Holds Above 5%
- Nov 10MARA Sells $1.1 Billion in Bitcoin, Revenue Falls 35%
- Nov 13Bitcoin News: Saylor’s Strategy Gets Booted From MSCI While AlphaPepe Pushes Past $3.38M Whilst on Presale
- Nov 13Bitcoin plunges below $71,000 following Nvidia CEO resignation
- Nov 13Bitcoin Price Trades Near $71,200 After a Fresh Session Low as the 10-Year Yield Holds Above 5%
Sourced by
Originally reported by bloomingbit
NewsLayer coverage based on externally reported material.
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