MARA Holdings’ Bitcoin Sell-Off: 15,000 BTC Liquidated As Prices Crash Below $69,000
Bitcoin (BTC) slipped below $69,000 on Thursday, erasing gains seen earlier in the week as MARA Holdings (MARA), the largest crypto mining company in the United States, disclosed a substantial liquidation of its BTC holdings to fund an expansion into artificial intelligence (AI) computing. MARA Shares Climb On Debt-Repurchase Plan In its disclosure covering March 4–25, MARA said it sold 15,133 BTC for roughly $1. 1 billion. The sale reduced Marathon’s holdings by roughly 28% from the 53,822 BTC it held at the start of March, according to BitcoinTreasuries
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