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MARA Holdings Denies Plans to Sell Bitcoin Reserves, Clarifies Flexible Strategy

MARA Holdings has no plans to sell most of its Bitcoin reserves and has rejected earlier claims of intending to liquidate all holdings, ChainCatcher reports, citing a clarification by Robert Samuels, Vice President of Investor Relations. The company said it broadened its financial strategy to allow more flexible buying and selling of Bitcoin based on market conditions and capital priorities, rather than targeting full reserve liquidation. MARA currently holds 53,822 Bitcoin worth about $4.7 billion, making it the largest publicly traded Bitcoin mining company.
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