MARA Sells Over $1 Billion in Bitcoin as Revenue Drops 35%
Nov 10, 2026
MARA Holdings sold 13,597 Bitcoin worth about $1.1 billion after Q3 closed, as the mining giant's revenue fell 35% and more sales may be coming.
A Big Bitcoin Sale
MARA Holdings, one of the biggest publicly traded Bitcoin miners out there, just sold 13,597 BTC after the third quarter closed. That's roughly $1.1 billion worth of Bitcoin, sold at an average price of about $81,039 per coin.
To put that in perspective, the sale equals almost 40% of the 34,012 BTC MARA was holding back on September 30. That's a pretty significant chunk of their treasury heading out the door.
Revenue Took a Hit Too
MARA's Q3 2026 earnings showed revenue falling 35%, and the company's own shareholder letter, released this week, hints that more selling could be on the way. Mining companies have been under pressure lately, with rising costs and a tougher market squeezing margins.
It's a reminder that even the biggest names in Bitcoin mining aren't immune to a rough quarter, and MARA's next moves will be worth keeping an eye on.