MARA Holdings sold 13,597 Bitcoin after the third quarter ended, raising approximately $1.1 billion. The sale represents about 40% of the 34,012 BTC held by the company on September 30. In a shareholder letter released Monday, MARA said it expects to continue selling Bitcoin to repay its debt. As a result, each share now represents a smaller amount of Bitcoin, reducing shareholders’ exposure to the asset.
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