MARA Holdings rejected claims that it plans to sell a large portion of its Bitcoin treasury after speculation spread online about a potential shift in the company’s balance sheet strategy.
The speculation emerged after a US Securities and Exchange Commission filing suggested the company had expanded its policy to allow potential Bitcoin sales depending on market conditions and capital allocation needs.
“Our 2026 10-K clearly states we expanded our strategy to allow for sales of bitcoin held on our balance sheet,”
Said MARA vice president for investor relations, Robert Samuels.
Samuels said the filing provides flexibility for discretionary transactions rather than signalling a commitment to liquidate a majority of the company’s Bitcoin reserves.
MARA has historically positioned itself as a long-term Bitcoin holder, making any perceived shift in its treasury strategy closely watched by investors and market participants.
The company currently holds about 53,822 BTC valued at roughly $3.7 billion, making it the largest publicly traded Bitcoin miner by treasury size.
MARA recently diversified its operations by acquiring a 64% stake in French computing infrastructure firm Exaion, though Bitcoin remains central to its corporate balance sheet.
At the time of reporting, Bitcoin price was $67,851.97.