According to ME News, on November 15 (UTC+8), Frank Chaparro, Head of Content at GSR, posted that mining company MARA sold 13,597 bitcoins in just six weeks, cashing out $1.1 billion, and plans to sell more. The company previously stated it would hold its bitcoin reserves but has now chosen to liquidate them to repay debt and fund the development of AI data centers. (Source: PANews)

Bitcoin
1 min read0 views
Bitcoin mining company MARA sells 13,597 BTC for $1.1 billion in six weeks
According to ME News, on November 15 (UTC+8), Frank Chaparro, Head of Content at GSR, posted that mining company MARA sold 13,597 bitcoins in just six weeks, cashing out $1.1 billion, and plans to sell more. The company previously stated it would hold its bitcoin reserves but has now chosen to liquidate them to repay debt and fund the development…
Reading Level🟢Beginner
Listen to this article
Original Source
KuCoinLike this article
Share this article
Share:


