MARA offloads 23,093 BTC for $1.63B in H1 2026; ends June with 35,577 BTC
AI Market Summary
MARA's disclosure of selling 23,093 BTC in 1H26 and adding $600M in BTC-backed loans highlights miner-driven spot supply and rising leverage in the ecosystem. While the firm still holds 35,577 BTC, the combination of treasury monetization and collateralized financing can affect near-term liquidity conditions and sentiment around miner balance-sheet behavior, particularly during periods of tighter funding or elevated volatility.
Impact level
● Medium
Affected assets
BTC/USDT+0.16%
AI Insight · BTC/USDTAI Insight
● Neutral
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MARA, the world's largest publicly traded Bitcoin miner, said it sold about 23,093 BTC for $1.63 billion in the first half of 2026, implying an average sale price of roughly $70,631 per bitcoin.
The company said it used the proceeds to support operations, pursue growth opportunities and meet liquidity needs. As of June 30, MARA held 35,577 BTC, valued at about $2.08 billion.
In a separate update, MARA said it secured $600 million in new loans from Coinbase and Two Prime on Aug. 4, backed by 18,750 BTC. Part of the financing will go toward the Long Ridge acquisition.
