MARA Sells 13,597 Bitcoin for $1.1B as Its AI Pivot Reshapes Treasury Strategy
MARA disclosed $1.1 billion of post-quarter Bitcoin sales and repayment of $750 million in BTC-backed borrowing. The miner is increasingly monetizing…
Headlines from leading crypto publishers, updated every 15 minutes. Each item shows a short summary from the publisher's own feed and links to the full original story. Our own reporting is in Latest news.
MARA disclosed $1.1 billion of post-quarter Bitcoin sales and repayment of $750 million in BTC-backed borrowing. The miner is increasingly monetizing…
Tokenizing gold production on Solana could revolutionize asset tokenization, offering investors exposure to mining output and associated risks.
Bitdeer’s total revenue reached $320.7 million during the third quarter of 2026, representing an 89% increase compared to the same period of the previous year.
Canaan (CAN) Swings to an $8 Million Profit on Bitcoin Gains as Rig Sales Collapse 96% Canaan's mining-machine sales fell to $4.8 million from $118.6 million a year earlier, but a $51.9 million fair-value gain turned an operating loss into $8.0 million of net income.…
Canaan's Q3 revenue fell 90% to $14.5 million, though cryptocurrency and derivatives gains supported an $8 million profit.
HIVE reported a Q2 FY2027 net loss of $78.7 million, with $54.9 million in depreciation and a $31.2 million non-cash mining-equipment impairment weighing on results.
Bitdeer's dual focus on Bitcoin mining and AI infrastructure highlights growth potential but underscores financial risks and strategic challenges.
Lumen's pivot to AI and copper mining highlights a strategic shift towards future-proofing its business, emphasizing innovation over legacy systems.
MARA's recent Q3 results reveal significant insights into Bitcoin mining costs, impacting market perceptions.
Canaan's shift from hardware sales to Bitcoin mining highlights the volatility and risk in relying on cryptocurrency for profitability.
HIVE reported a $78.7 million quarterly net loss and $84.9 million in revenue, including $8.8 million from its AI business.
MARA sold 13,597 BTC for about $1.1 billion after the third quarter, at an average price of $81,039. The miner repaid $750 million in Bitcoin-backed loans, freeing 17,477 BTC from collateral.
Paying off its $750 million in bitcoin-collateralized loans left MARA Holdings with about $350 million from its bitcoin sale, by Unchained's calculation.
Lookonchain estimates 14 public companies disposed of 108,247 BTC during 2026. MARA Holdings disclosed approximately 40,581 BTC in sales during 2026. Riot Platforms confirmed selling 20,264 BTC through September 30. MARA and Riot account for 56.2% of Lookonchain’s reported disposals.
The shift from accumulation to liquidation by miners suggests a cautious market outlook, impacting Bitcoin's supply dynamics significantly.
Bitcoin miner MARA Holdings sold 13,597 BTC for about $1.1 billion after the third quarter closed and used $750 million of the proceeds to repay all of its bitcoin-backed loans.
Publicly listed companies have sold more than 108,000 Bitcoin worth approximately $8.08 billion so far in 2026, with major mining firms MARA Holdings and Riot Platforms accounting for more than half of the total. According to blockchain analytics firm Lookonchain,…
American Bitcoin reported approximately $126 million in third-quarter net income and said its Bitcoin reserve increased through mining rather than new spot purchases during the period. The November 4 release also cites about $221 million in…
MARA Holdings (MARA) closed at $6.64 and was flat after hours following a 4.5% gain in the regular session. The miner sold 13,597 BTC for about $1.1 billion after September ended. It used $750 million to repay every loan backed by its bitcoin.
MARA Holdings has transferred another 500 BTC today, part of a larger selling trend since October.
Singapore-based Bitcoin mining giant BitFuFu has increased its Bitcoin holdings to 1,454 BTC despite a sharp decline in mining output and a brutal cryptocurrency market crash.
MARA paid off every loan backed by its bitcoin and says the rest of its coins can fund AI datacenters.
The decline in Bitcoin prices pressures miners to diversify into AI and HPC, highlighting the volatility and operational risks in crypto mining.
HIVE’s mining revenue fell 7.4% despite higher production, while its AI hosting business grew 71%.
Both miners reported higher Bitcoin production but lower mining revenue and rising electricity costs as they expanded their AI infrastructure businesses.
BitFuFu's strategic focus on Bitcoin accumulation amid rising mining difficulty highlights resilience but underscores operational cost pressures.
The class action certification against Nvidia could significantly impact investor trust and corporate transparency in tech industries.
The miner announced a new $500 million stock buyback authorization as two planned data center leases face a possible delay into 2027.
BitMEX co-founder Arthur Hayes shares a gaming GPU setup for FLOP mining on the devnet, which pays no tokens. See what the hardware needs.
Is this a sign that the Bitcoin mining industry is entering a period of consolidation?