MARA Holdings reported third-quarter net income of $632 million, up from $123 million a year earlier, while revenue fell 35% year over year to $164 million, according to Foresight News’s report published on November 10, 2026.
Bitcoin production and holdings
The Bitcoin miner produced 2,247 BTC during the quarter, an increase of 5% year over year. At the end of September, it held 34,012 BTC, down 36% from a year earlier.
The decline in holdings mainly reflected Bitcoin sales in the first half of the year. Part of the proceeds went toward repurchasing convertible bonds and repaying credit obligations.
October sale and debt repayment
In October, MARA sold 13,597 BTC at an average price of approximately $81,039 per BTC, raising about $1.1 billion. The proceeds were used to repay a $750 million Bitcoin-backed loan in full, releasing 17,477 BTC from collateral.
The quarterly figures show higher Bitcoin production and net income alongside lower revenue and Bitcoin holdings. The report does not explain the drivers of the profit increase or provide a Bitcoin price forecast.
Original source: Foresight News, published November 10, 2026, at 09:07:39 (UTC+8). The quarterly figures cover the third quarter; the subsequent Bitcoin sale took place in October.