MARA Sold 13,597 Bitcoin After Q3, and It Isn’t Done Selling

MARA Holdings sold 13,597 Bitcoin after the third quarter closed, raising roughly $1.1 billion, according to its Q3 shareholder letter released Monday. The sale represents about 40% of the 34,012 BTC the company held as of September 30, and MARA said more sales are expected. Traders care because a large miner liquidating holdings for debt reduction adds sell pressure and signals that mining economics may be strained, while reducing per-share Bitcoin exposure for MARA shareholders.