BULLISH 55 Unchained 32M ago · 3 min read 1 read

Bitcoin Miner MARA Clears Its BTC-Backed Debt and Approves $500 Million Buyback After Q3 Profit

AI summary

MARA Holdings repaid its $750 million in bitcoin-collateralized loans and approved a $500 million share buyback after posting a Q3 profit. Unchained calculates the miner retained about $350 million from its bitcoin sale after clearing the debt. Traders may read the deleveraging and buyback as a sign of miner balance-sheet strength, reducing forced-seller risk tied to MARA's BTC holdings.

Read at source

Unchained Follow BTC

Bearish Why is the crypto market down today? Bitcoin, Ethereum in red

Bitcoin fell below $75,000 and Ethereum traded near $2,100 on November 9 as the crypto market extended losses.

crypto.news 14 1D

Bearish Nubank and Mercadopago halt crypto withdrawals over data provider instability

Nubank and Mercadopago, two of Latin America's largest fintechs, have suspended crypto deposits and withdrawals, citing instability from..

Bitcoin.com News 18 2D

Bearish Why is Bitcoin price down today?

Bitcoin fell more than 6% toward $75,000 on November 6, trading around $75,388, as a major sell-off in US technology stocks and heavy..

crypto.news 27 4D

Bitcoin Miner MARA Clears Its BTC-Backed Debt and Approves $500 Million Buyback After Q3 Profit

Bearish Why is the crypto market down today? Bitcoin, Ethereum in red

Bearish Nubank and Mercadopago halt crypto withdrawals over data provider instability

Bearish Why is Bitcoin price down today?

Bullish Solana briefly surpasses NYSE in weekly trades, Fidelity finds

Bearish Morpho loan stress exposes cbXRP, but spares native XRP

Bearish MEXC hit with FinCEN US financial cutoff as withdrawals continue

Flashing card

Measure	Today	7 days	30 days
Visitors	10	198	1,672
Page views	21	1,151	9,830