🚨 MARA sells 20,880 BTC worth ~$1.5B in major Q1 move
MARA Holdings has sold 20,880 BTC (~$1.5B) in Q1, according to NS3.AI.
📉 Key moves:
~$1B used to repay convertible bonds
Debt reduced from $3.3B → $2.3B
Remaining funds targeted for acquisition of Long Ridge Energy (505 MW Ohio power plant)
This signals a shift from pure Bitcoin accumulation toward a more balanced strategy of debt reduction + infrastructure expansion, especially in energy.
#BTC #bitcoin #MARA
MARA Holdings has sold 20,880 BTC (~$1.5B) in Q1, according to NS3.AI.
📉 Key moves:
~$1B used to repay convertible bonds
Debt reduced from $3.3B → $2.3B
Remaining funds targeted for acquisition of Long Ridge Energy (505 MW Ohio power plant)
This signals a shift from pure Bitcoin accumulation toward a more balanced strategy of debt reduction + infrastructure expansion, especially in energy.
#BTC #bitcoin #MARA