CryptoMedium•19 October 2026•
1 min read
MARA Holdings Transfers $82.8M Bitcoin to Exchanges as Shares Slump
Key Facts
1MARA Holdings moved 1,000 BTC worth approximately $82.8 million to crypto exchanges over a five-day period.
2Shares of the bitcoin mining firm have declined by nearly 45% within a single month.
MARA Holdings transferred 1,000 BTC worth approximately $82.8 million to crypto exchanges over a five-day period. Bitcoin.com reported that the transfers included 550 BTC to Binance, 350 BTC to Gate, and 100 BTC to Coinbase, signaling potential selling pressure from one of the largest publicly traded mining firms.
The move follows a sharp decline in the company's equity value, with shares dropping nearly 45% within a single month. MARA closed at $7.53 on Friday, October 16, 2026, down from $13.63 in September. According to Bitcoin.com, the firm sold 23,093 bitcoin during the first half of 2026 at an average price of $70,631 to manage liabilities, including the repayment of $913 million in convertible notes.