MARA Holdings Trims Bitcoin Treasury by 726 BTC
MARA Holdings, a Nasdaq-listed Bitcoin miner, has reduced its corporate treasury by 726 BTC. This move brings the company's total holdings to 35,577 BTC, maintaining its position as the fourth-largest holder of Bitcoin among publicly traded companies globally.
The exact date and price of the sale were not disclosed in the initial data update. However, the reduction reflects an active treasury management strategy by the company.
As of the latest reporting, MARA Holdings' 35,577 BTC reserve is valued at approximately $2.3 billion, based on current market prices. The company trails only MicroStrategy, Tesla, and Coinbase in corporate Bitcoin holdings.