MARA Holdings used part of approximately $1.1 billion in proceeds from Bitcoin sales to repay a Bitcoin-backed term loan in full, releasing collateral previously pledged against the debt.
According to a TechFlow report published on November 10, 2026, at 05:23:44 UTC+8, citing The Defiant, the Bitcoin miner sold 13,597 BTC after September 30. It used $750 million of the proceeds to repay the loan and recover 17,477 BTC held as collateral.
Further Bitcoin sales planned
MARA also announced an additional share-repurchase authorization of up to $500 million. The company plans to continue selling Bitcoin to raise cash for AI infrastructure, convertible-note debt and potential share buybacks. The authorization does not mean those repurchases have been completed.
On its infrastructure schedule, MARA said two data-center leases it had planned to sign before the end of 2026 could be delayed until 2027.