Summary

  • MARA said it sold 13,597 Bitcoin to raise about $1.1 billion and fully repaid its $750 million Bitcoin-backed loan.
  • MARA said third-quarter revenue fell 35% from a year earlier to $164.2 million, but it posted net income of $632 million after reflecting about $885 million in fair-value gains on digital assets.
  • As of September 30, MARA said its Bitcoin holdings stood at 34,012, down 36% from a year earlier, while Bitcoin production during the same period rose 5% to 2,247.

Forecast Trend Report by Period

U.S. Bitcoin miner MARA sold a large amount of Bitcoin and fully repaid its collateralized loan, Wu Blockchain reported on November 9.

In its third-quarter 2026 earnings report, MARA said it sold 13,597 Bitcoin after the quarter ended, raising about $1.1 billion. The average sale price was $81,039 per token.

The company used the proceeds to fully repay its $750 million Bitcoin-backed loan. The repayment also released the lien on 17,477 Bitcoin that had been pledged as collateral.

Third-quarter revenue was $164.2 million, down 35% from a year earlier. Net income was $632 million. Results were boosted by about $885 million in fair-value gains on digital assets.

As of September 30, MARA held 34,012 Bitcoin, down 36% from a year earlier. Over the same period, Bitcoin production rose 5% to 2,247, diverging from the decline in holdings.

Suehyeon Lee