MARA sells 20,880 Bitcoin for $1.5 billion in Q1 as firm doubles down on AI

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The firm said future sales could happen depending on market conditions and capital requirements.

MARA Holdings, the digital asset technology company formerly known as Marathon Digital Holdings, sold 20,880 Bitcoin for $1.5 billion in the first quarter of 2026, the miner disclosed in a recent filing.

Proceeds from the sales were mainly used to fund debt buybacks and reduce leverage, including repurchasing convertible notes. These actions were part of MARA’s balance sheet optimization and capital restructuring efforts.

MARA sells 20,880 Bitcoin for $1.5 billion in Q1 as firm doubles down on AI

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