MARA borrowed against its bitcoin in August and has now sold 13,597 BTC, about 40% of its stack, and repaid both loans in full.
That is roughly $1.1B of bitcoin from one of the biggest public holders, sold in the weeks after quarter end. Why did a miner sitting on $2.8B of coins unload so much so fast?
The 10-Q has the numbers.
• MARA held 34,012 BTC on Sept 30, worth about $2.8B
• It sold 13,597 BTC for about $1.1B, an average of roughly $81,039 per coin
• $750M of the proceeds repaid the Coinbase and Two Prime loans, both entered into in August 2026
• All pledged bitcoin was released on repayment, including 17,477 BTC that secured the loans
The miner comes out with the loans cleared, but it sold a huge chunk of its bitcoin along the way. Borrowing against your coins puts a lender between you and your stack, and that goes for a public company as much as anyone.
Always remember, you don't own the bitcoin unless you control the keys.
💥 BREAKING: Bitcoin shorts have officially reached the higest levels since the bear market bottom.
Back then, it triggered a MASSIVE $20K+ short squeeze.
⚠️ Reminder: Coinomi does NOT have a token.
There is NO $Coinomi. Any post, tweet or link claiming otherwise is a scam.
Don’t click. Don’t connect your wallet. Don’t send funds.
Our official links you can find them here: https://t.co/2Pmxr7rfAq
Stay safe 🔒
14 Public Companies Sold an Estimated $8.08 Billion in Bitcoin in 2026, Led by MARA and Riot
According to Lookonchain, 14 publicly traded companies have sold approximately 108,247 BTC worth $8.08 billion so far in 2026. MARA led with 40,581 BTC sold, followed by Riot Platforms with 20,264 BTC. Together, the two accounted for about 56.2% of the total. Bitdeer, Cango, and CleanSpark recorded 10,553 BTC, 7,001 BTC, and 5,715 BTC, respectively. The figures include some estimated onchain outflows and options-related deliveries, rather than exclusively confirmed spot sales.
JUST IN: Binance warns Apple users of an iOS flaw that lets malicious apps read seed phrases, private keys and login credentials.
The warning names iOS 26.7.1, 27.0.1, and 27.2.
Called “worse_query,” it breaks the isolation that normally keeps one app from accessing another app’s local files.
The risk extends across apps, beyond Binance, with exposure depending on how apps store and protect sensitive information.
Binance urges users to remove untrusted apps and update their software.
If a breach is suspected, move funds to a new wallet created on a clean device and reset active login sessions.
This comes amid earlier reports of iPhone users losing crypto to malicious apps.
@CelsiusFacts This is @grok analysis of recent balance sheet comparison of others during the crash 2 days ago😎 Good calls, Sir! 🫡
https://t.co/euq1sYcSxj
🔥 Sophisticated investors just literally doubled down on Ionic Digital ($IOND) spending hundreds of millions in a few months buying the stock from the open market! Also another misunderstanding for a self-entitled expert! https://t.co/mGzTtKoH0G
If you use SignalPlus for any other exchange platform, it's time to revoke all your API keys.
It is generally recommend that you do not store your API keys with any 3rd party platform. 🙏
(Deribit also/first reported this.)
Ionic Digital (Nasdaq: IOND) reports Q3 2026 results:
• Revenue: $49M (+32% YoY)
• Adjusted EBITDA: $35M
• ~$630M in liquidity, no outstanding borrowings
• Continued progress at Ward County
Full results: https://t.co/wKYccJ3FdE
The blue wave will lead to more money printing.
The accelerated money printing will lead to higher prices in bitcoin, gold, and productive land.
Don't fight the money printer.
INTEL: Riot sold about 20,264 BTC this year for roughly $1.5 billion to fund data center buildout, and fully repaid its $200 million Coinbase credit line
⏰Upcoming Ionic Digital Q3 earnings call & Other News
Tomorrow after market close $IOND will release its Q3 results & host the Q3 earnings call. If Ionic doesn't go live here on X, I will livestream the call right here.
What are we looking for?
- Continuous HPC/AI revenues & timely Nscale buildout. Afaik this is the actual start of rent payments, whereas prior quarters were upfront payments.
- Reiteration of the '26 guidance shown in Q2 of $190M–$195M in digital infrastructure revenue. Dividing the remaining target evenly, this should translate to ~$45M in Q3.
- Tangible updates on new site acquisitions, Midland conversion, new HPC contracts or advanced discussions, power expansion, and progress with ERCOT and Texas state regulators.
- On Oct 13 & Oct 21, Ionic transferred 457.75 BTC to Anchor Digital, which is likely a sale. We want confirmation on total proceeds. If sold on those dates, it should have netted ~$37.2M.
Other news
- Sachem Head Capital one of the largest investor in the 400M raise and prodigy of Bill Ackman file that he owns 9.99% and is looking to become an activist investor this could mean a board position. In my opinion the board should be reduced to 5(1 CEO, 1 Celsius creditor, 1 Financial & governance focus, 2 with connections to the Power/Datacenter space).
The current 7 board compensation can be burdensome as share price continue to increase and such a large board doesn't align with the efficiency & value story. Of course, I'm for removing the 2 latest additions to the board as they lied to creditors, took advantage of the lack of sophistication, and almost destroyed the company HPC deal.
https://t.co/6aSVGVdNgf
- In the video below 👇 Ionic CSO reiterates the focus on HPC/AI & discontinuing BTC mining. They also appear to suggest they are already shopping or looking for a specific type datacenters...
BREAKING: BINANCE FOUNDER CZ JUST CONFIRMED HIS EXCHANGE HAS ALLOCATED 100% OF THE FUNDS TO COVER THE $6.3 BILLION HACK
95% OF LOSSES ALREADY COVERED
USERS ARE BEING MADE WHOLE
HE’S NOT LETTING THE #BITCOIN BULL MARKET DIE
WHAT AN ABSOLUTE LEGEND 🔥🔥
MERCADO BITCOIN HACKED, $46.5M IN CRYPTO TRACED TO HACKER 🔴
The hacker currently holds $46.5M in crypto across 46 addresses, including 3.68K $ETH, 106 $BTC and $8M in stablecoins
While Mercado Bitcoin says customer funds and data remain unaffected.