MARA sells $1.1 billion in Bitcoin in debt repurchase program, accelerates AI infrastructure pivot

MARA Holdings (MARA) said Thursday it sold 15,133 Bitcoin (BTC) between March 4 and 25 for approximately $1.1 billion, using the bulk of the proceeds to reduce outstanding debt and strengthen its balance sheet. MARA has sold 15,133 BTC for $1.1 billion, using proceeds to repurchase convertible notes and significantly reduce outstanding debt obligations.The debt buyback was executed… MARA Holdings (MARA) said Thursday it sold 15,133 Bitcoin (BTC) between March 4 and 25 for approximately $1.1 billion, using the bulk of the proceeds to reduce outstanding debt and strengthen its balance sheet. MARA has sold 15,133 BTC for $1.1 billion, using proceeds to repurchase convertible notes and significantly reduce outstanding debt obligations.The debt buyback was executed at a 9% discount, cutting total convertible debt by about 30% and improving balance sheet flexibility.MARA is easing its HODL strategy and expanding into AI and HPC infrastructure amid rising costs, credit pressure and operational challenges.MARA Holdings (MARA) said Thursday it sold 15,133 Bitcoin (BTC) between… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.