Bitcoin holders are selling to pay the bills. MARA shows why
AI summary
MARA has sold more than 40,000 Bitcoin across its disclosed 2026 transactions, using its treasury to fund operations, retire debt and expand into power infrastructure. Its latest sale raised roughly $1.1 billion and released coins that had been pledged as collateral. The disclosure highlights miners and large holders selling into the market to cover costs, a supply overhang traders watch as a sign of stressed balance sheets.
