MARA Holdings repaid its debts by selling 13,597 Bitcoin in just six weeks, and may continue selling $BTC to finance its AI data centers.

Bitcoin miner MARA Holdings said it has sold 13,597 $BTC worth approximately $1.1 billion since the end of September. The sales were made at an average price of approximately $81,039 per Bitcoin.

The amount sold accounts for approximately 40% of the 34,012 Bitcoin the company held at the end of September. In just six weeks, MARA released approximately six times the amount of Bitcoin it mined during the entire third quarter. It used $750 million of the proceeds to repay its Bitcoin-backed loans.

After the debt repayment, 17,477 $BTC that had been locked up as collateral were released. The share of MARA’s Bitcoin reserves that was lent or used as collateral fell from 57 percent at the end of September to below 5 percent.

The sales mark a significant shift from the company’s “holding all Bitcoins ever produced” policy, announced in July 2024. MARA began selling some newly mined Bitcoin in 2025 and permitted the use of its accumulated reserves in 2026. Following these latest transactions, the total amount of Bitcoin sold during 2026 has exceeded 40,000 $BTC.

MARA intends to use cash generated from Bitcoin sales for AI infrastructure, debt repayment, and possible share buybacks. The company’s board of directors has authorized buybacks of up to $500 million.

Mining revenue fell 35% to $164 million in the third quarter, a decline regarded as one of the key reasons for the strategy change. MARA is also preparing to acquire the Long Ridge natural gas plant and develop high-capacity AI data centers. As a result, the company may make further sales of its Bitcoin holdings.

*This is not investment advice.

Source: en.bitcoinsistemi.com. Adapted by NBTC.