jain.com

March 2026 BTC sale to fund convertible debt repurchase

Company: Marathon Digital

Subject kind
financing
Statement date
2026-10-09
Promised amount
1100000000.0 USD
Current status
stated

The claim, verbatim

In March, MARA sold 15,133 BTC for approximately $1.1 billion, primarily to fund the repurchase of convertible debt.

Source (primary)

MARA transfers $81.1 million in bitcoin to Galaxy Digital as strategy pivots to AI - CoinDesk (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗

Quote: “In March, it sold 15,133 BTC for approximately $1.1 billion, primarily to fund the repurchase of convertible debt.”

How we checked this

Checked on October 13, 2026. The cited source supports every part of this claim.

The article states that in March MARA sold 15,133 BTC for about $1.1 billion, mainly to fund buying back convertible debt.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.coindesk.com/markets/2026/10/09/mara-transfers-usd81-1-million-in-bitcoin-to-galaxy-digital-as-strategy-pivots-to-ai) in full (9,899 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA transfers $81.1 million in bitcoin to Galaxy Digital as strategy pivots to AI - CoinDesk

Quote: “In March, it sold 15,133 BTC for approximately $1.1 billion, primarily to fund the repurchase of convertible debt.”

View cached copy (2026-10-09)Live source ↗Archive.org ↗

confirms Bitcoin miner MARA moves $81M in BTC to Galaxy Digital amid AI strategy shift - Pluang

Quote: “The company sold 15,133 BTC in March for $1.1 billion to repurchase convertible debt.”

View cached copy (2026-10-09)Live source ↗Archive.org ↗

confirms MARA Holdings Transfers $81.1 Million in Bitcoin to Galaxy Digital Amid AI Expansion - Hokanews

Quote: “In March, MARA sold 15,133 BTC for approximately $1.1 billion. The company said the sale was primarily intended to fund the repurchase of convertible debt.”

View cached copy (2026-10-09)Live source ↗Archive.org ↗

confirms MARA Moves $81.1M in Bitcoin to Galaxy Digital Amid AI Pivot - Altcoin Buzz

Quote: “In March it sold 15,133 BTC for about $1.1 billion, primarily to repurchase convertible debt.”

View cached copy (2026-10-10)Live source ↗Archive.org ↗