MARA Holdings denies rumors of large-scale BTC sell-off

Bitcoin mining firm MARA Holdings (MARA), formerly Marathon Digital, has denied rumors of a large-scale sell-off of its Bitcoin holdings. According to Cointelegraph, Robert Samuels, the company's Vice President of Investor Relations, clarified that the core of its approach to its Bitcoin treasury has not changed. He acknowledged that a 10-K report included language about expanding the company's strategy to permit the sale of Bitcoin from its balance sheet. However, Samuels stated this was not an unconditional plan to sell but rather a move to secure the option to trade at its discretion based on market conditions and capital allocation priorities. MARA Holdings currently holds 53,822 BTC.