jain.com

Bitcoin sold to repay $750M of Bitcoin-backed debt

Company: Marathon Digital

Subject kind
financing
Statement date
2026-11-09
Promised amount
750000000.0 USD
Current status
stated

The claim, verbatim

After the third quarter ended, MARA sold Bitcoin to repay $750 million of Bitcoin-backed debt, releasing 18,750 Bitcoin that had been pledged as collateral, according to CFO Salman Khan.

Source (primary)

MARA Stock Slips Overnight On Revenue Miss: CEO Says AI Infrastructure Funding Is Getting Tougher - Stocktwits (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗

Quote: “After the quarter ended, we sold Bitcoin to repay $750 million of Bitcoin-backed debt, releasing 18,750 Bitcoin that had been pledged as collateral”

How we checked this

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

The article covers MARA's third-quarter results and quotes CFO Salman Khan on the post-quarter Bitcoin sale, the $750 million repayment, and the release of 18,750 pledged Bitcoin.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/mara-stock-slips-overnight-on-revenue-miss-ceo-says-market-is-becoming-more-selective-about-how-ai-infrastructure-is-financed/cNGu2a0R97h) in full (6,226 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA Stock Slips Overnight On Revenue Miss: CEO Says AI Infrastructure Funding Is Getting Tougher - Stocktwits

Quote: “After the quarter ended, we sold Bitcoin to repay $750 million of Bitcoin-backed debt, releasing 18,750 Bitcoin that had been pledged as collateral”

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