MARA sold 23,093 BTC ($1.6B) at $70,631 average in H1 2026 while retaining 35,577 BTC ($2.3B) holdings amid Bitcoin miner selling patterns.

MARA sold 23,093 BTC for $1.6B at $70,631 average in first half 2026 and retains 35,577 BTC worth $2.3B amid Bitcoin miner treasury management shifts.

MARA transferred 200 BTC ($12.86M) to NYDIG from 36,303 BTC treasury as Bitcoin trades at $64249 with neutral RSI.

MARA deposits 200 BTC ($12.86M) and Riot Platforms sends 381 BTC ($24.51M) to NYDIG, continuing miner selling patterns.

MARA moved 6000 BTC worth $384.6M to TwoPrime, Bitcoin at $64429.63 with EMA50 support at $63788.46 on 4h chart.

Bitcoin public companies bought 2399 BTC for $157M led by MARA and Strategy while DEX volumes stayed flat and stablecoin market cap fell $249M.

Mara acquires 1,000 BTC worth $66.7M from FalconX as Bitcoin trades at $66438 with bullish MACD and EMA50 support at $64535.

Bitcoin miner MARA offloads $1.5 billion in BTC amid $1.26 billion Q1 loss, shaking crypto market volatility and Bitcoin mining stocks.

According to Lookonchain, Bitcoin mining company Marathon Digital (MARA) has sold 15,133 BTC, valued at approximately $1.1 billion, between March 4 and March 25, 2026, at an average price of $72,689 per BTC. As of February 26, 2026, MARA holds 53,822 BTC, worth $3.74 billion, making it the second-largest publicly traded Bitcoin holder, following Strategy. This activity may signal significant portfolio rebalancing strategies among major cryptocurrency holders.

According to Lookonchain, Bitcoin mining firm MARA recently transferred 298 BTC, valued at approximately $20.57 million, to Cumberland. This activity could indicate potential liquidity management or trading strategies by MARA, which may impact Bitcoin's market dynamics in the short term.

According to DecryptMedia, Marathon Digital Holdings (MARA), a major Bitcoin mining company, has announced a potential shift in its strategy by considering the sale of its Bitcoin (BTC) holdings. This marks a significant change as the company has traditionally held onto mined BTC as part of its long-term strategy. The move could impact MARA’s financial dynamics and influence trading behavior in the cryptocurrency market.

According to the source, the debate over U.S. dominance in Bitcoin mining has intensified as Donald J. Trump publicly urged to bring Bitcoin mining to America on 2024-06-11, stating that the remaining Bitcoin should be made in the USA, source: Donald J. Trump via Truth Social, 2024-06-11. Post-halving revenue pressure is material, as the block subsidy fell to 3.125 BTC at block 840000 on 2024-04-20 and miner hashprice dropped to record lows in May 2024, source: Bitcoin Core chain data and Luxor Hashrate Index, May 2024. Benchmark data showed the U.S. as the largest hashrate hub with approximately 37.8 percent share in early 2022, while major capacity has been deployed abroad since then including Bitdeer’s Bhutan expansion and Marathon’s Abu Dhabi joint venture, source: Cambridge Centre for Alternative Finance Bitcoin Mining Map January 2022, Bitdeer press release May 2023, Marathon Digital press release May 2023. Policy uncertainty remains a headwind because a 30 percent excise tax on electricity used by digital asset mining was proposed in the U.S. Treasury FY2025 Greenbook but was not enacted in 2024, source: U.S. Department of the Treasury General Explanations of the Administration’s FY2025 Revenue Proposals March 2024. For traders, lower hashprice and higher power costs tend to compress margins and raise earnings volatility for U.S.-listed miners such as RIOT MARA and CLSK relative to BTC beta, source: Riot Platforms 2023 Form 10-K, Marathon Digital Q2 2024 shareholder materials, Luxor Hashrate Index 2024.

According to Compounding Quality, the Price-to-Book ratio is being highlighted as a key valuation metric for equity screening and trade selection, drawing attention to its role in fundamentals-driven strategies (source: Compounding Quality on X, Jan 5, 2026). P/B is calculated as price per share divided by book value per share, where book value equals shareholders’ equity, and is a core definition in professional valuation curricula (source: CFA Institute). P/B tends to be most informative for asset‑heavy businesses and financials and is best paired with profitability metrics like return on equity to avoid value traps during value factor screens (source: CFA Institute; Fama and French, Journal of Finance 1992). For crypto‑exposed equities such as Coinbase COIN, Marathon Digital MARA, and Riot Platforms RIOT, P/B can become more sensitive to BTC moves as US GAAP now requires fair value measurement for crypto assets for fiscal years beginning in 2025, which flows through equity and affects book value (source: FASB ASU 2023-08; Coinbase Global Inc. 2024 Form 10-K; Marathon Digital Holdings Inc. 2024 Form 10-K; Riot Platforms Inc. 2024 Form 10-K). Traders can apply P/B by screening for low P/B with positive and stable ROE while monitoring BTC trend and balance‑sheet changes, and by checking filings for dilution or asset write‑down risks that can compress equity and distort P/B (source: CFA Institute; SEC company filings risk factors).

According to @lookonchain, Bitcoin mining firm MARA transferred 288 BTC, valued at about $26.3 million, to Wintermute roughly 9 hours ago. source: @lookonchain on X, Jan 5, 2026 The transfer is labeled on Arkham Intelligence as originating from the MARA Pool entity, confirming the on-chain route of funds to Wintermute. source: Arkham Intelligence explorer via @lookonchain

According to Lookonchain, Bitcoin mining firm MARA transferred 275 BTC worth approximately $25.31 million to FalconX about two hours ago, highlighting a notable miner outflow event for traders to monitor. According to Arkham Intelligence, the sender cluster is labeled under the mara-pool entity, linking the transaction to the miner’s pool and providing on-chain attribution for the flow. According to FalconX, the firm operates an institutional prime brokerage and OTC platform for large digital asset transactions, making miner transfers to FalconX relevant for assessing potential liquidity events. According to CryptoQuant research, increases in miner outflows to off-ramps are historically tracked as potential sell-side supply indicators, which is why this transfer may be relevant to short-term BTC order flow analysis.

According to @StockMKTNewz, 46% of the world’s data centers are located in the United States, concentrating compute capacity and tying hosting demand to U.S. power policy and pricing (source: @StockMKTNewz on X, Dec 9, 2025). For crypto, the U.S. already hosts the largest share of global Bitcoin hashrate at roughly 38% in 2023, linking BTC mining economics to U.S. grid conditions and regulation (source: Cambridge Centre for Alternative Finance, CBECI 2023). Texas’s ERCOT market has documented large flexible loads from Bitcoin miners curtailing during peak demand, highlighting sensitivity to heat waves, curtailment credits, and ancillary service revenues (source: ERCOT market reports 2023–2024). Equity exposure includes U.S.-listed miners MARA and RIOT and data center operators EQIX and DLR, whose capacity expansions and profitability depend on U.S. data center build-outs and electricity costs (source: company filings and 2024 earnings calls).

According to the source, JPMorgan reduced its most recent price target on MARA Holdings (MARA) in a Monday equity research note (source: JPMorgan equity research note). In a separate note on Monday, Compass Point upgraded its rating on MARA, signaling a more constructive stance versus its prior view (source: Compass Point equity research note). The opposing calls provide mixed institutional signals that traders track when positioning in BTC‑linked U.S. Bitcoin miner equities (sources: JPMorgan equity research note; Compass Point equity research note).

According to the source, Eric Trump publicly showcased a facility labeled America Bitcoin and described it as a Bitcoin mining site in a social media post dated Nov 24, 2025, source: public post on X, Nov 24, 2025. The post confirms the Bitcoin mining theme but provides no details on hash rate, capacity, location, ownership, or timelines, source: public post on X, Nov 24, 2025. For trading, treat this as a headline-driven sentiment catalyst around BTC and US-listed mining equities until verifiable operational disclosures emerge, source: public post on X, Nov 24, 2025.

According to @lookonchain, Bitcoin mining firm MARA deposited another 644 BTC (about $58.7M) to FalconX and Coinbase Prime on Nov 20, 2025, source: Lookonchain. The mara-pool entity on Arkham Intelligence shows corresponding outflows that align with this transfer, supporting the reported movement, source: Arkham Intelligence. Traders monitor miner-to-venue flows as a potential near-term supply indicator in BTC spot and derivatives markets, source: CryptoQuant.

According to @StockMKTNewz, traders are sharing weekly watchlists, making crypto-exposed equities a timely focus for momentum and correlation setups this week, source: @StockMKTNewz on X dated Nov 16, 2025. Coinbase COIN is highly sensitive to crypto prices and volatility because its transaction revenue is tied to crypto asset prices and trading activity, favoring breakout and pullback strategies when BTC and ETH move, source: Coinbase Global Inc. 2023 Form 10-K. MicroStrategy MSTR often trades with BTC due to its significant Bitcoin holdings embedded in its corporate treasury strategy, creating equity beta to BTC trends, source: MicroStrategy Investor Relations Bitcoin Strategy overview. Marathon Digital MARA and Riot Platforms RIOT performance depends on Bitcoin production, network hash rate and BTC price, providing leveraged exposure to BTC cycles, source: Marathon Digital Holdings 2023 Form 10-K and Riot Platforms 2023 Form 10-K. CleanSpark CLSK and Hut 8 Mining HUT provide additional BTC mining exposure with operating results tied to hash rate expansion and energy costs, enabling relative value and pair trades among miners, source: CleanSpark Inc. 2023 Form 10-K and Hut 8 Corp. 2023 Annual Report. Block SQ generates Bitcoin revenue through Cash App and benefits from higher BTC engagement by retail users, making it a proxy for retail crypto activity, source: Block Inc. Q4 2023 Shareholder Letter and Block Inc. 2023 Form 10-K. Robinhood HOOD derives a material portion of revenue from crypto trading, so BTC and ETH volume shifts can impact near-term results and stock liquidity, source: Robinhood Markets Inc. 2023 Form 10-K. This watchlist prioritizes liquidity, beta and empirical correlation to BTC and ETH rather than long-term valuation, allowing traders to align setups with crypto market direction, source: company filings and investor relations documents cited above.