MARA Sells 13,597 Bitcoin, Repays $750 Million in Debt
The miner announced a new $500 million stock buyback authorization as two planned data center leases face a possible delay into 2027.
The miner announced a new $500 million stock buyback authorization as two planned data center leases face a possible delay into 2027.
MARA posted a $634.4 million Q3 net profit, then sold 13,597 BTC to repay $750 million in loans as it pivots to AI.
Benjamin Cowen says the Bitcoin (BTC) drop to $73,500 at the 20-week SMA may not be the final bottom, with December flagged as the next risk window.
MARA Holdings' Bitcoin (BTC) mining revenue fell 34% to $159 million in the September quarter as production rose 5% to 2,247 BTC and energy costs climbed.
MARA Holdings sold 13,597 Bitcoin (BTC) after the third quarter closed, raising about $1.1 billion. Its Q3 shareholder letter, released Monday, says more sales are expected. That sale equals about...
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Bitcoin trades below $75,000 ahead of the October inflation data. Analysts warning that sustainable recovery depends on improving liquidity and spot ETF demand rather than temporary macro relief.
Adopting BTC Yield as a key metric could standardize performance evaluation for Bitcoin treasury firms, impacting investment strategies and transparency.
The 3% drop in Nvidia futures highlights the volatility and risk in leveraged crypto markets, impacting trader strategies and market dynamics.
EDX Markets says it has partnered with BitSafe to introduce spot trading in CBTC, a Bitcoin-backed asset built for the Canton Network. The November 5 announcement describes the token's first...
Both miners reported higher Bitcoin production but lower mining revenue and rising electricity costs as they expanded their AI infrastructure businesses.
HIVE's mining revenue fell 7.4% despite higher production, while its AI hosting business grew 71%.