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Is MARA Preparing Another Bitcoin Sale After Moving 1,000 BTC?

Lookonchain said the wallets may signal another sale as MARA continues using Bitcoin for lending, collateral and financing needs.

  • On Monday, October 19, 2026, blockchain analytics platform Lookonchain reported that MARA Holdings transferred 1,000 BTC to exchanges Binance and Gate over five days, valued at around $82.8 million.
  • MARA has previously sold Bitcoin to fund operations, disposing of approximately 23,093 BTC during the first half of 2026 to support liquidity and reduce outstanding debt.
  • While the deposits to Binance and Gate suggest a potential sale, MARA has not confirmed the transaction's purpose; the company also uses Bitcoin for lending arrangements and collateral.
  • Strategy Inc. executive chairman Michael Saylor hinted at additional Bitcoin purchases in contrast, tweeting "We found room for more orange," signaling divergent strategies among major miners.
  • MARA is pursuing a $1.5 billion acquisition of Long Ridge Energy while purchased energy costs increased to approximately $38,690 per Bitcoin, pressuring the miner to monetize holdings.
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MARA Holdings has transferred 1,000 BTC to Binance and Gate. These $82.8 million movements are reinvigorating sales speculation among the miner of...

MARA's Bitcoin transfers brought another 1,000 BTCs, for about $82.8 million, to Binance and Gate in the last five days, reports Lookonchain on October 19, 2026. The blockchain analysis company talks about deposits compatible with a possible sale. The movements, however, do not prove that MARA Holdings has really sold. [...]

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MyCryptoParadise broke the news on Monday, October 19, 2026.
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