MARA’s Reported $1.1 Billion Bitcoin Sale Raises Questions About Further Supply

Bitcoin Sistemi reports that MARA Holdings raised $1.1 billion by selling 13,597 Bitcoin during a six-week period. The mining company also indicated that it may sell additional BTC. The supplied summary does not provide a selling schedule, transaction dates, an explanation for the disposals or a breakdown of the reported proceeds. The wider coverage supplied alongside the main report portrays a difficult market backdrop. Crypto Daily says Bitcoin reached a two-month low, while an Nvidia investigation and stalled Iran talks contributed to $1.14 billion in long liquidations; it also highlights the 200-day moving average near $76,000. Separately, The Block reports that Canaan’s third-quarter revenue fell 90% to $14.5 million, although cryptocurrency and derivatives gains helped the miner post an $8 million profit. There is an important sourcing distinction across the three summaries. Bitcoin Sistemi directly attributes the 13,597-BTC sale and $1.1 billion proceeds to MARA, but Crypto Daily and The Block do not mention MARA or independently verify those numbers in the material provided. Their reporting instead emphasizes broader weakness in Bitcoin and financial pressure within the mining sector, offering context without corroborating the specific disposal. Verified on-chain figures from mempool.space put Bitcoin’s network hashrate at 965 EH/s and mining difficulty at 148.4 trillion. Those network measures sit alongside the reported MARA transaction, but the supplied information does not establish whether the sales affected miner operations, treasury strategy or on-chain supply dynamics. Live market data show Bitcoin at $73,705, down 0.83% over 24 hours and 5.62% over seven days. Its market capitalization is $1.48 trillion, while the total crypto market stands at $2.52 trillion and is broadly flat; the Fear & Greed index is 29, indicating fear. The figures to watch are the pace and size of any additional MARA disposals, Bitcoin’s position relative to the roughly $76,000 200-day average cited by Crypto Daily, and whether miner balance sheets remain under pressure as market conditions stay subdued.