Bitcoin mining giant MARA (formerly Marathon Digital) purchases 1,000 Bitcoins $BTCworth approximately $66.7 million.
The transaction was executed through institutional platform FalconX.
This follows a series of aggressive sales by the company in the first quarter of 2026.
During that particular period, MARA sold a staggering amount of 20,880 Bitcoins for approximately $1.5 billion.
MARA’s previous Bitcoin sales
Earlier this year, the company revised its digital asset management policy for 2026, allowing it to sell coins held on its balance sheet.
This was a significant departure from the 2025 policy of only allowing the sale of newly mined Bitcoins.
On February 6th, MARA sent 1,318 people remittances. $BTCwhich was worth nearly $87 million at the time, went to institutional custody and liquidity platforms such as Two Prime, BitGo, and Galaxy Digital.
From March 4, 2026 to March 25, 2026, the company sold a staggering 15,133 Bitcoins for a total sales price of approximately $1.1 billion.
Proceeds from the March sale were used to fund a privately negotiated $1 billion repurchase of the company’s outstanding 0.00% convertible senior notes due in 2030 and 2031.
MARA saved approximately $88.1 million in cash, excluding transaction costs.
Fred Thiel, Chairman and CEO of MARA, explained that the objective is to deleverage the balance sheet and avoid future shareholder dilution.
MARA was not the only mining company dumping Bitcoin. Listed Bitcoin miners sold more than 32,000 in total $BTC This was a new record for minor sales in a single quarter.
