MARA sold 13,597 bitcoin over six weeks, raising $1.1 billion.
Odaily News cited GSR Head of Content Frank Chaparro as saying that MARA completed the sale over six weeks and plans to sell more. MARA had previously said it would hold its bitcoin reserves. The proceeds from this sale will be used to repay debt and fund the development of AI data centers.
· The seller’s shift from “holding” to “cashing out” contrasts with its previous statements.
· The source only specifies how the proceeds will be used; it does not disclose the outstanding debt balance or the scale of future sales.
Which matters more to you: how much bitcoin it has left, or the pace of its next sale?
$BTC
Odaily News cited GSR Head of Content Frank Chaparro as saying that MARA completed the sale over six weeks and plans to sell more. MARA had previously said it would hold its bitcoin reserves. The proceeds from this sale will be used to repay debt and fund the development of AI data centers.
· The seller’s shift from “holding” to “cashing out” contrasts with its previous statements.
· The source only specifies how the proceeds will be used; it does not disclose the outstanding debt balance or the scale of future sales.
Which matters more to you: how much bitcoin it has left, or the pace of its next sale?
$BTC
