jain.com

October BTC sale used to fully repay $750M Bitcoin-backed loan

Company: Marathon Digital

Subject kind
financing
Statement date
2026-11-09
Current status
stated

The claim, verbatim

In October 2026, MARA sold 13,597 BTC at an average price of about $81,039, raising around $1.1 billion, fully repaid its $750 million Bitcoin-backed loan and released 17,477 BTC from collateral.

Source (primary)

MARA Holdings Q3 2026 Net Profit Exceeds $632M Amid BTC Sales - KuCoin (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗

Quote: “In October, MARA sold 13,597 BTC at an average price of approximately $81,039, generating around $1.1 billion to fully repay its $750 million Bitcoin-backed loan and release 17,477 BTC from collateral.”

How we checked this

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

The article states the sale details, the full repayment of the $750 million loan and the release of 17,477 BTC from collateral.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.kucoin.com/news/flash/mara-holdings-q3-2026-net-profit-surpasses-632m-amid-btc-sales) in full (4,077 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA Holdings Q3 2026 Net Profit Exceeds $632M Amid BTC Sales - KuCoin

Quote: “In October, MARA sold 13,597 BTC at an average price of approximately $81,039, generating around $1.1 billion to fully repay its $750 million Bitcoin-backed loan and release 17,477 BTC from collateral.”

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