jain.com

Sold ~13,597 BTC for ~$1.1B; repaid $750M Bitcoin-backed loans

Company: Marathon Digital

Subject kind
financing
Statement date
2026-11-10
Promised amount
750000000.0 USD
Current status
stated

The claim, verbatim

MARA sold approximately 13,597 Bitcoin for about $1.1 billion, using $750 million to fully repay its Bitcoin-backed loans.

Source (primary)

MARA’s Q3 Revenue Declines, Asset Restructuring Offsets Pressure - NAI500 (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗

Quote: “The company has sold approximately 13,597 Bitcoins, cashing out about $1.1 billion, of which $750 million was used to fully repay Bitcoin-backed loans”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The article states the number of Bitcoin sold, the approximate proceeds, and the $750 million used to fully repay Bitcoin-backed loans.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://nai500.com/blog/2026/11/maras-q3-revenue-declines-asset-restructuring-offsets-pressure/) in full (6,058 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA’s Q3 Revenue Declines, Asset Restructuring Offsets Pressure - NAI500

Quote: “The company has sold approximately 13,597 Bitcoins, cashing out about $1.1 billion, of which $750 million was used to fully repay Bitcoin-backed loans”

View cached copy (2026-11-10)Live source ↗Archive.org ↗