jain.com

$1.1B Bitcoin sale to repay $750M Bitcoin-backed loans

Company: Marathon Digital

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

The claim, verbatim

After quarter-end MARA sold 13,597 Bitcoin at about $81,039 on average, generating more than $1.1 billion to fully repay $750 million of Bitcoin-collateralized loans and release 18,750 pledged Bitcoin.

Source (primary)

[MARA Holdings Q3 2026 Earnings Call] MARA Posts $632M Net Income Despite 35% Revenue Drop, Unveils $500M Buyback and $1.1B Bitcoin Sale to Slash Debt 37% - BigGo Finance (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗

Quote: “it sold 13,597 Bitcoin at an average price of approximately $81,039, generating more than $1.1 billion to fully repay the loans and release 18,750 Bitcoin previously pledged as collateral”

How we checked this

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

The document gives the timing, size, price and proceeds of the sale, along with the loan repayment and release of pledged Bitcoin.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/US_MARA_2026-11-09) in full (12,616 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms [MARA Holdings Q3 2026 Earnings Call] MARA Posts $632M Net Income Despite 35% Revenue Drop, Unveils $500M Buyback and $1.1B Bitcoin Sale to Slash Debt 37% - BigGo Finance

Quote: “it sold 13,597 Bitcoin at an average price of approximately $81,039, generating more than $1.1 billion to fully repay the loans and release 18,750 Bitcoin previously pledged as collateral”

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