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MARA Dumped 15K BTC USD: $1.1 Billion To Strengthen Balance Sheet

MARA Holdings just moved $1.1 billion worth of Bitcoin, and the BTC USD market barely flinched. Bitcoin sits at the $70,000 level, consolidating inside a descending correction channel with short-term moving averages flashing neutral, and the full implications of this institutional liquidation might have already been fully priced in. Today, MARA announced the repurchase of ~$1B in convertible notes at a ~9% discount t…

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