MARA just booked a roughly $634 million Q3 profit and sold 13,597 bitcoin after quarter-end to wipe a major loan stack.
On November 9, 2026, MARA Holdings reported third-quarter net income attributable to common stockholders of about $634.4 million, up from about $123.1 million a year earlier, even as revenue fell about 35% to $164.2 million. Fair-value gains on digital assets were the main driver; the firm also mined 2,247 $BTC in the quarter and held 34,012 BTC as of September 30, including coins loaned or pledged.
After the quarter closed, MARA sold 13,597 bitcoin at about $81,039 on average for roughly $1.1 billion in proceeds, then used $750 million to fully repay its bitcoin-collateralized term loans and free 17,477 previously pledged BTC. Year to date it has cut about $1.4 billion of total debt, or about 37%, and its board authorized a share repurchase program of up to $500 million.
#Bitcoin #Mining #MARA
DYOR. Not financial advice.
On November 9, 2026, MARA Holdings reported third-quarter net income attributable to common stockholders of about $634.4 million, up from about $123.1 million a year earlier, even as revenue fell about 35% to $164.2 million. Fair-value gains on digital assets were the main driver; the firm also mined 2,247 $BTC in the quarter and held 34,012 BTC as of September 30, including coins loaned or pledged.
After the quarter closed, MARA sold 13,597 bitcoin at about $81,039 on average for roughly $1.1 billion in proceeds, then used $750 million to fully repay its bitcoin-collateralized term loans and free 17,477 previously pledged BTC. Year to date it has cut about $1.4 billion of total debt, or about 37%, and its board authorized a share repurchase program of up to $500 million.
#Bitcoin #Mining #MARA
DYOR. Not financial advice.
