Bitcoin sale used to repay Bitcoin-backed loans
Company: Marathon Digital
The claim, verbatim
MARA sold approximately 13,597 Bitcoin for about $1.1 billion and used $750 million of the proceeds 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 that $750 million of that amount fully repaid Bitcoin-backed loans.
Confirmed in the source:
- MARA sold approximately 13,597 Bitcoin
- The sale brought in about $1.1 billion
- MARA used $750 million of the proceeds to fully repay its Bitcoin-backed loans
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”