MARA sold more than 23,000 Bitcoin in first half of 2026

Bitcoin miner MARA sold more than 23,000 Bitcoin in the first six months of 2026 for a total of $1.63 billion. The proceeds went towards operating costs, growth opportunities and liquidity needs. Despite the sale, the company still holds a considerable amount of Bitcoin on its balance sheet.

Bitcoin is available at OKX and Bybit.

In short:

• MARA sold 23,093 Bitcoin for $1.63 billion in the first half of 2026 at an average price of $70.631.
• As of 30 June, the company still holds 35,577 Bitcoin with a value of approximately $2.08 billion.
• MARA also took out loans of $600 million, secured by 18,750 Bitcoin.

Sale at an average of $70.631 per Bitcoin

According to SEC documents, MARA disposed of 23,093 Bitcoin in the first half of this year. The average selling price was $70.631 per coin, which translates to total proceeds of $1.63 billion. The current Bitcoin price, however, stands considerably lower at $64.030, meaning the company was able to sell at relatively favourable prices at the time.

The proceeds from the sale largely flowed back into business operations. MARA spent $94.3 million on property and equipment, and paid $61.1 million for the acquisition of Exaion and the so-called Meerkat Acquisition. These acquisitions are intended to increase operational capacity and strengthen the company’s presence in AI and critical IT.

Still billions in Bitcoin on the balance sheet

Despite the substantial sale, MARA still holds 35,577 Bitcoin as of 30 June 2026, with a value of approximately $2.08 billion at that time. The company is known as the largest publicly listed Bitcoin miner in the world and maintains a significant position.

In addition to the sales, MARA also entered into new financing agreements. For instance, the company borrowed $600 million from Coinbase and Two Prime on 4 August, with 18,750 Bitcoin as collateral. Part of that money goes towards the acquisition of Long Ridge.