MARA Holdings Updates Treasury Policy to Allow Bitcoin Sales from $4.7B Position

MARA Holdings disclosed in a Form 10-K filing on March 2 that its revised treasury policy now permits sales from its Bitcoin position, valued at $4.7 billion across 53,822 BTC. The company has not sold any BTC to date, though market participants have raised concerns that sales by one of the largest corporate holders could pressure prices. Separately, American Bitcoin announced on March 4 the addition of 11,298 ASIC miners, expanding its mining capacity by 12%.