MARA Digital's Bitcoin Holdings Fall Below 36,000 Threshold
MARA Digital Holdings (NASDAQ: MARA) reported a significant reduction in its Bitcoin treasury at the end of Q2 2026. The company's total holdings stood at 35,577 BTC, marking a drop below the 36,000 threshold and representing a notable shift from its earlier accumulation strategy.
This figure reflects an approximate 34% decline from the 53,822 BTC held at the close of 2025 and a 29% decrease on a year-over-year basis from the 49,951 BTC reported for the same period in 2025.
The reduction in holdings primarily stems from sales executed earlier in the year. In the first quarter of 2026, MARA disposed of roughly 20,880 BTC, generating proceeds of around $1.5 billion. The company mined 2,422 BTC while selling an additional 2,213 BTC during the second quarter.
The updated digital asset management framework allows MARA to strategically monetize both newly produced and previously held Bitcoin. Management has indicated that such sales may support operational liquidity needs, debt reduction, growth investments, and other corporate priorities.