🚨HUGE: Bitcoin miner #MARA sold 40,581
$BTC
for $3 BILLION in 2026 to cut debt and fund its #AI infrastructure. It started the year with 53,822
$BTC
. 1. January to March: 20,880 bitcoin at an average of $70,137, including 15,133 to retire $1 BILLION of convertible notes. 2. April to June: 2,213 bitcoin. 3. July to September: 3,891 bitcoin at an average of $75,300. 4. October 1 to November 9: 13,597 bitcoin at an average of $81,039. $750 MILLION of that last sale repaid loans MARA took against its bitcoin to fund Long Ridge, a 505 MW power plant. Total debt is down $1.4 BILLION this year, a 37% cut. MARA says it intends to keep "using bitcoin to build cash" for AI infrastructure. Bitcoin now trades near $64,000, about 20% below what MARA last sold at.
$BTC
for $3 BILLION in 2026 to cut debt and fund its #AI infrastructure. It started the year with 53,822
$BTC
. 1. January to March: 20,880 bitcoin at an average of $70,137, including 15,133 to retire $1 BILLION of convertible notes. 2. April to June: 2,213 bitcoin. 3. July to September: 3,891 bitcoin at an average of $75,300. 4. October 1 to November 9: 13,597 bitcoin at an average of $81,039. $750 MILLION of that last sale repaid loans MARA took against its bitcoin to fund Long Ridge, a 505 MW power plant. Total debt is down $1.4 BILLION this year, a 37% cut. MARA says it intends to keep "using bitcoin to build cash" for AI infrastructure. Bitcoin now trades near $64,000, about 20% below what MARA last sold at.
