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MARA sold 13,597 Bitcoin for $1.1B, repaid $750M debt, despite 35% revenue drop in Q3 2026.

Market News
10 Nov 2026, 07:22 WIB
Crypto news
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Neutral
MARA sold 13,597 Bitcoin for $1.1B, repaid $750M debt, despite 35% revenue drop in Q3 2026.

MARA Holdings sold 13,597 Bitcoin for about $1.1 billion after Q3 2026, using part of the proceeds to repay $750 million in Bitcoin-backed loans and releasing 17,477 BTC pledged as collateral. Despite a 35% drop in quarterly revenue to $164.2 million, the company reported a net income of $632.1 million, largely supported by $885.3 million in unrealized Bitcoin gains. MARA also approved a $500 million share buyback program and continues expanding its AI computing infrastructure alongside Bitcoin mining. The company plans to keep selling Bitcoin as needed to support financial commitments and investments.

MARA Holdings' recent activity includes selling $1.1 billion in Bitcoin and managing a $750 million loan repayment. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Nov 10, 2026 11:31 WIB: out of 50 major cryptocurrencies, 30 rose and 18 fell today. Notable movers include SAND (The Sandbox) up 3.42% at Rp770 with 80% buy orders, ATOM (Cosmos) up 3.42% at Rp24,808 with 62% buy orders, and ENJ (Enjin Coin) up 2.63% at Rp417 with 100% buy orders.

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