MARA Sold 13,597 BTC for $1.1 Billion in Six Weeks and Plans Further Sales

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Bitcoin miner MARA sold 13,597 BTC worth about $1.1 billion over a six-week period. The company used the proceeds to pay off every loan secured by its bitcoin holdings. MARA says its remaining coins can be used to fund artificial intelligence datacenter projects. The company also plans to sell additional bitcoin in the future.

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