BEARISH 72 The Defiant 4H ago · 1 min read 2 reads

MARA Sells 13,597 Bitcoin, Repays $750 Million in Debt

AI summary

Marathon Digital (MARA) sold 13,597 bitcoin and used the proceeds to repay $750 million in debt, a sizable reduction of the miner's BTC treasury. The company also authorized a new $500 million stock buyback, while two planned data center leases may slip into 2027. Traders will watch whether the sale signals broader miner selling pressure on BTC and how the lease delays affect MARA's hashrate growth plans.

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1 linked story · 2 outlets · since 9 Nov

3H AGO

MARA posts $634 million Q3 net profit on bitcoin gains, sells 13,597 BTC to pay off loans

The Block · Score 65 · via 13,597, sells 13,597
4H AGO

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MARA Sells 13,597 Bitcoin, Repays $750 Million in Debt

The Defiant · Score 72

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