MARA revises 2026 asset management strategy, allowing it to sell Bitcoin held on its balance sheet

Odaily News MARA stated in its 10-K filing with the SEC that it has revised its 2026 digital asset management strategy to permit the sale of Bitcoin held on its balance sheet. This policy extends beyond the 2025 provision, which only allowed the sale of mined Bitcoin output. As of December 31, 2025, MARA held 53,822 Bitcoin, valued at $4.7 billion, including 9,377 Bitcoin that were lent out and 5,938 Bitcoin used as collateral for a $350 million credit facility. Furthermore, MARA recorded a $422.2 million decline in the fair value of its Bitcoin holdings in 2025 and terminated its trading mandate with Two Prime in December. In 2025, MARA mined a total of 8,799 Bitcoin, a 7% decrease year-over-year.