Repaid $750M BTC-collateralized term loans
Company: Marathon Digital
The claim, verbatim
MARA applied $750 million of sale proceeds to fully repay bitcoin-collateralized term loans, releasing approximately 17,477 pledged coins and leaving less than 5% of holdings loaned or pledged.
Source (primary)
MARA’s $634M Q3 Profit and Bitcoin (BTC) Sale Signal Broader Shift as Riot Platforms and Hut 8 Monetize Holdings for AI Infrastructure - Crowdfund Insider (-, news_article)
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Quote: “It applied $750 million of the proceeds to fully repay bitcoin -collateralized term loans, releasing approximately 17,477 coins that had been pledged as collateral.”
How we checked this
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Additional evidence
confirms MARA’s $634M Q3 Profit and Bitcoin (BTC) Sale Signal Broader Shift as Riot Platforms and Hut 8 Monetize Holdings for AI Infrastructure - Crowdfund Insider
Quote: “It applied $750 million of the proceeds to fully repay bitcoin -collateralized term loans, releasing approximately 17,477 coins that had been pledged as collateral.”