Finance2 sources

Bitcoin Miner MARA Sells BTC to Repay Loans, Posts Q3 Profit

  • Bitcoin miner MARA sold 13,597 BTC for $1.1 billion over six weeks.
  • MARA used the proceeds to repay $750 million in loans.
  • The company reported a $634.4 million net profit in Q3.
  • MARA plans to sell more BTC to fund its AI datacenters.
  • The company has paid off all loans backed by its bitcoin.
Bitcoin Miner MARA Sells BTC to Repay Loans, Posts Q3 Profit | Split Angle