- MARA rejects claims of a major BTC sell-off.
- The company says the recent filing allows flexibility, not liquidation.
- Bitcoin remains central to MARA’s financial strategy.
MARA Holdings, one of the largest public holders of Bitcoin, has quickly moved to shut down rumors that it plans to dump a large portion of its BTC holdings. The company’s executive stated that there has been no change in its core treasury strategy, pushing back against viral claims that it was preparing for a major sell-off
The clarification came after comments on X suggested MARA was shifting towards a more aggressive selling approach, with recent filings with the US Securities and Exchange Commission. However, the company executive stated the updated language simply gives MAA flexibility, not a mandate, to sell Bitcoin if needed.
MARA Reaffirms Long-Term Bitcoin Strategy
Reportedly, MARA Holdings has pushed back against rumours of a major Bitcoin sell-off. Vice President Robert Samuels stated that the company’s latest filing with the SEC allows for flexible sales. It does not indicate a large-scale liquidation plan, stated Samuels.
The company clarified that it hasn’t adopted a large-scale Bitcoin sell-off strategy. The executive dismissed speculation that the company is significantly reducing its BTC holdings. He added,
“This assertion that MARA has changed its strategy to sell the majority of our bitcoin holdings is factually incorrect. Our 2026 10-K clearly states we expanded our strategy to allow for sales of bitcoin held on our balance sheet, meaning we may buy or sell from time to time subject to market conditions and our capital allocation priorities. It does not mean we intend to liquidate the majority of our reserves..”
Significantly, Samuels’ comments were in direct response to SwanDesk advisor Jacob King. King said on Tuesday that MARA was moving toward a bitcoin selling strategy. King based his claims on the company’s SEC filing. While the post had already gained more than 325,000 views, the matter spread like fire across the social media platform.
However, Samuels dismissed these claims, referring to the company’s 2026 10-K filing. He explained that the company had only broadened its policy to allow possible Bitcoin sales from its balance sheet. This indicates the MARA is not planning to sell a large portion of its Bitcoin holdings.
Treasury Remains Still Bitcoin Heavy
Although MARA has expanded its operations in recent years, its finances are still largely tied to BTC. MARA is globally the second-largest public holder of Bitcoin, closely following Michael Saylor’s Strategy, formerly known as MicroStrategy. While Strategy holds about 720,737 BTC, the company has 53,822 coins, worth around $3.7 billion.
The expansion picked up pace last month when MARA bought a 64% stake in Exaion, a France-based firm that focuses on high-performance computing and blockchain services. Despite this, MARA continues to hold a large portion of the overall supply of BTC.
This heavy exposure means the firm’s financial performance continues to be closely tied to Bitcoin’s price performance. Even as BTC is trading at a low range, below the critical $70k, the company stands firm in its long-term Bitcoin strategy. While diversification efforts may help create additional revenue streams over time, the company’s balance sheet is still deeply influenced by the ups and downs of the crypto market.
