Repaid all bitcoin-backed term loans with $750M
Company: Marathon Digital
The claim, verbatim
MARA used $750 million of the sale proceeds to repay all of its bitcoin-backed term loans, releasing 17,477 BTC that had been pledged as collateral.
Source (primary)
MARA Bitcoin Sale: 13,597 BTC Sold for $1.1B - Bitcoin Foundation (-, news_article)
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Quote: “MARA Holdings using $750 million to repay all its bitcoin-backed term loans”
How we checked this
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Additional evidence
confirms MARA Bitcoin Sale: 13,597 BTC Sold for $1.1B - Bitcoin Foundation
Quote: “MARA Holdings using $750 million to repay all its bitcoin-backed term loans”