jain.com

H1 2026 bitcoin sales to fund debt reduction and AI/data center expansion

Company: Marathon Digital

Subject kind
financing
Statement date
2026-10-09
Promised amount
23093.0 BTC
Current status
stated

The claim, verbatim

MARA sold 23,093 BTC for about $1.6 billion in the first half of 2026, using proceeds for debt reduction and expansion into AI infrastructure and data centers, including 15,133 BTC sold in March for about $1.1 billion primarily to fund a convertible note buyback.

Source (primary)

MARA Moves $81 Million in Bitcoin to Galaxy Digital, Sparking Sale Speculation - BigGo Finance (-, news_article)
View cached copy (2026-10-13)Live source ↗Archive.org ↗

Quote: “During the first half of the year, the company sold 23,093 BTC for roughly $1.6 billion, according to its filings.”

How we checked this

Checked on October 15, 2026. The cited source supports every part of this claim.

The article's summary and body together state the sales totals, the use of proceeds, and the March sale for the note buyback.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/5e9a64d8-1915-48d7-a842-834bf3840549) in full (6,955 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA Moves $81 Million in Bitcoin to Galaxy Digital, Sparking Sale Speculation - BigGo Finance

Quote: “During the first half of the year, the company sold 23,093 BTC for roughly $1.6 billion, according to its filings.”

View cached copy (2026-10-13)Live source ↗Archive.org ↗