CryptoThe Blockabout 1 hour ago
MARA Sells 13,597 BTC to Pay Loans
2 min read
MARA Holdings reported a third-quarter net profit of $634.4 million despite revenue falling 35% to $164.2 million. The company sold 13,597 bitcoin for approximately $1.1 billion after the quarter ended, using $750 million to fully repay its bitcoin-collateralized loans while shifting focus to AI infrastructure.
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