# MARA Related Articles

HTX News Center provides the latest articles and in-depth analysis on "MARA", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Metaplanet eyes ‘100K Bitcoin’ goal as it becomes the third-largest BTC holder globally

Metaplanet has become the world's third-largest public Bitcoin holder after acquiring 5,075 BTC in Q1 2026, bringing its total holdings to 40,177 BTC. This move displaced Bitcoin miner MARA, which previously held the third spot. The Japanese firm aims to accumulate 100,000 BTC by the end of 2026 and 210,000 BTC by 2027. However, achieving the 2026 target would require nearly $4 billion in additional capital, far exceeding the $550 million raised in Q1. Despite its strategic growth, Metaplanet currently faces a $1.5 billion unrealized loss on its Bitcoin investments due to market conditions. If it maintains its average quarterly purchase rate of 5,000 BTC, it could soon overtake the second-largest holder.

ambcrypto04/04 00:03

Metaplanet eyes ‘100K Bitcoin’ goal as it becomes the third-largest BTC holder globally

ambcrypto04/04 00:03

MARA’s pivot to AI is net positive for Bitcoin, experts believe – Here’s why

Public Bitcoin miners like Marathon Digital (MARA) are increasingly shifting resources toward AI, a move analysts see as beneficial for the remaining Bitcoin mining ecosystem. While this pivot reduces the overall network hashrate, it leads to a decrease in mining difficulty. This, in turn, improves profit margins for the solo and medium-sized miners who continue operating. MARA recently sold over $1 billion in BTC to reduce debt and fund its new AI data center venture, a trend followed by other major miners. The current cycle shows the lowest network difficulty growth as a result. Analysts suggest this creates a more balanced ecosystem with less hash rate controlled by large public companies. Furthermore, a potential energy price increase, triggered by an extended closure of the Strait of Hormuz, could disadvantage oil-dependent miners and further benefit smaller operations with stable power agreements. Although miner distress eased in early March, supporting BTC's price recovery, a drop below $65,000 could trigger another wave of miner sell-offs and put downward pressure on the price.

ambcrypto03/29 07:01

MARA’s pivot to AI is net positive for Bitcoin, experts believe – Here’s why

ambcrypto03/29 07:01

MARA taps Bitcoin reserves to cut $1B in debt as corporate treasury strategies evolve

MARA Holdings has sold 15,133 BTC for approximately $1.1 billion between March 4 and March 25, using the proceeds to repurchase nearly $1 billion in convertible notes. This strategic move reduced the company's outstanding debt by 30%, from $3.3 billion to $2.3 billion, and is expected to generate $88.1 million in savings. The transaction, executed at a 9% discount, highlights a shift in corporate Bitcoin strategy from passive holding to active balance sheet management. MARA retains around 39,000 BTC and aims to strengthen its financial flexibility while funding future expansion into digital energy and computing infrastructure.

ambcrypto03/26 17:01

MARA taps Bitcoin reserves to cut $1B in debt as corporate treasury strategies evolve

ambcrypto03/26 17:01

Bitcoin Miner MARA Transfers 298 BTC After Opening Door To Sales

Bitcoin miner Marathon Digital (MARA) has transferred 298 BTC (worth $21 million) to institutional trading platform Cumberland. This follows the company’s recent SEC filing indicating a strategic shift to allow Bitcoin sales from its treasury. Historically a holder of mined and purchased BTC, MARA began permitting sales last year and recently expanded this policy. The move coincides with a challenging mining environment, as Bitcoin's current price hovers around MARA’s estimated average mining cost of $70,027, putting the company near break-even. MARA, along with other miners like Bitfarms, is also exploring opportunities in the AI and high-performance computing sectors. Bitcoin is currently trading around $70,700.

bitcoinist03/12 11:02

Bitcoin Miner MARA Transfers 298 BTC After Opening Door To Sales

bitcoinist03/12 11:02

Bitcoin: MARA’s $4.7B sell-off rumors spark panic – Is a massive crash coming?

The market is in turmoil due to rumors that MARA Holdings, the second-largest Bitcoin holder with 53,822 BTC worth $4.7 billion, may sell part of its holdings. This speculation arose after MARA updated its treasury policy on March 2nd, shifting from its long-term holding strategy. Although no sale has occurred yet, the possibility has caused panic among investors, fearing a massive sell-off could severely impact Bitcoin's price. In contrast, American Bitcoin announced a significant expansion of its mining operations on March 4th, adding over 11,000 new miners and demonstrating strong confidence in Bitcoin's future. The situation remains tense as the market watches MARA's next move.

ambcrypto03/04 14:01

Bitcoin: MARA’s $4.7B sell-off rumors spark panic – Is a massive crash coming?

ambcrypto03/04 14:01

MARA quietly ends pure HODL era as Bitcoin becomes liquidity tool

Marathon Digital Holdings (MARA) has shifted its Bitcoin strategy from a long-term holding approach to actively using it as a liquidity tool. According to its 2025 annual report, the company began selling portions of its mined Bitcoin in the second half of the year to fund operations, capital expenditures, and strategic initiatives. While not pursuing aggressive liquidation, MARA now treats Bitcoin as a financial instrument to enhance flexibility, including using it as collateral. As the second-largest public corporate Bitcoin holder with 52,850 BTC worth approximately $3.5 billion, this policy change reflects a maturation in treasury management amid the company’s expansion into AI and high-performance computing, which require significant investment.

ambcrypto03/03 15:28

MARA quietly ends pure HODL era as Bitcoin becomes liquidity tool

ambcrypto03/03 15:28

Bitcoin – Is MARA’s $87M BTC move more evidence of miner distress?

Bitcoin's recent price decline below $60,000 has intensified distress across the mining sector. Publicly listed miner MARA moved $87 million worth of BTC (1,318 coins) to exchanges, likely for selling, amid the downturn. Miner revenue has plunged to $28.3 million daily, a 36% year-on-year drop, reaching levels last seen in Q3 2024. The Hash Ribbons metric confirms that miner capitulation, which began in late November, is ongoing and may even be worsening. Rising miner outflows, hitting a yearly high of 10.75k BTC, suggest sell-offs are accelerating. This increasing selling pressure could cap any strong Bitcoin price rebound, potentially leading to further declines or extended consolidation.

ambcrypto02/07 06:04

Bitcoin – Is MARA’s $87M BTC move more evidence of miner distress?

ambcrypto02/07 06:04