Bitcoin Miner MARA Sells $1.5 Billion in BTC, Reports $1.26 Billion Q1 Loss

In brief

• MARA Holdings sold 20,880 Bitcoin for $1.5 billion in Q1 2026 to fund strategic initiatives.
• The firm used $1 billion from Bitcoin sales to retire 30% of its convertible debt, reducing leverage from $3.3 billion to $2.3 billion.
• Mara reported a $1.26 billion net loss for Q1, more than…