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MARA repays $750M bitcoin debt, frees collateral, and authorizes $500M stock buyback

Protocol Fundamentals
10 Nov 2026, 10:58 WIB
Altcoin Buzz
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Bullish
MARA repays $750M bitcoin debt, frees collateral, and authorizes $500M stock buyback

MARA repaid $750 million of bitcoin-backed debt after Q3 2026 using bitcoin sale proceeds, releasing all pledged bitcoin collateral and reducing loaned holdings to under 5%. The company’s energized hashrate rose 18% year-over-year to 71.2 EH/s, signaling increased mining capacity. MARA’s board also authorized a share repurchase program of up to $500 million, though actual buyback spending will depend on future decisions. Looking ahead, MARA aims to secure two new data center leases by year-end, but timing may extend into 2027 due to market conditions.

MARA's recent financial moves provide context for cryptocurrency market activity on Pluang. For readers following digital assets, here is Pluang's market snapshot as of Nov 10, 2026 16:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 37 rose and 12 fell today. Notable performers include BAT (Basic Attention Token) at Rp2.338 with a 1-day change of +5.74% and Pluang order activity showing 99% Buy, ATOM (Cosmos) at Rp25.317 with +4.99% and 62% Buy, and AVAX (Avalanche) at Rp152.036 with +4.88% but 59% Sell activity.

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