Is MARA preparing another Bitcoin sale after moving 1,000 BTC?

Bitcoin mining company MARA Holdings has transferred 1,000 BTC worth approximately $82.8 million to cryptocurrency exchanges Binance and Gate over the past five days, raising questions about another possible sale from its Bitcoin reserves. Summary MARA linked wallets transferred 1,000 BTC worth approximately $82.8 million to Binance and Gate over the past five days, according to Lookonchain. The latest deposits follow an earlier transfer of 996 BTC worth roughly $81 million to a wallet linked to Galaxy Digital on Oct. 8. MARA sold approximately 23,093 BTC for $1.63 billion during the first half of 2026 as the company reduced debt and funded operations. The latest exchange transfers have raised questions about further Bitcoin sales, although no completed sale has been confirmed. Blockchain analytics platform Lookonchain reported on Oct. 19 that wallets associated with MARA had deposited the Bitcoin into the two exchanges, suggesting the company may be preparing to sell some of its holdings. The transactions involved wallets identified through blockchain tracking data, including addresses associated with MARA’s mining operations. According to the wallet activity referenced by Lookonc...