MARA, THE SECOND LARGEST PUBLIC BTC HOLDER, MAY SELL RESERVES



MARA revises its 2026 digital asset strategy to allow sales of bitcoin held on its balance sheet, expanding beyond its 2025 policy that limited sales to newly mined BTC.

As of Dec. 31, 2025, MARA held 53,822 BTC worth $4.7B.

Of that, 9,377 BTC were loaned out and 5,938 BTC pledged against $350M in credit facilities.

The loaned BTC generated $32.1M in interest income.

MARA recorded a $422.2M fair value decline on its bitcoin holdings in 2025 amid lower market prices.
BTC-0,8%
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