Bitcoin miner MARA sold 23,093 BTC in the first half of 2026, generating approximately $1.6 billion at an average price of $70,631 per coin, according to blockchain data tracker The Data Nerd. The figure is significantly higher than what the market had previously understood. Despite the large-scale sell-off, MARA still holds 35,577 BTC — worth around $2.3 billion at current values. The Data Nerd pointed out that investors had focused mainly on MARA's growing bitcoin reserves, yet its actual sell-side volume is also notable. This sales activity reflects how mining companies are adjusting their capital structure under high capital expenditures and a shifting macro-environment for digital assets. The disclosure, reported by BlockBeats on August 10, provides a fuller picture of MARA's treasury management in a period when miners face pressure to fund operations and expand capacity. The figures underline that reserve accumulation and periodic selling can coexist at major public miners.
BlockBeats, Aug 10 — Mining company MARA sold far more bitcoin in the first half of the year than previously reported, according to data from The Data Nerd.
The firm disposed of 23,093 BTC in H1 2026, worth roughly $1.6 billion, with an average sale price of around $70,631 per coin. It still holds 35,577 BTC, valued at about $2.3 billion at current market prices.
The on-chain data provider noted that market attention had largely centered on MARA's growing bitcoin treasury, but its actual sell-side activity has also been substantial. The sales reflect how miners are rebalancing their capital structures amid high capital expenditures and shifting market conditions.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
