MARA Holdings, one of the world’s largest Bitcoin mining companies, has denied claims that it plans to release the majority of its Bitcoin holdings following speculation about a change in financial policy.
This clarification was made in a post on X by Robert Samuels, vice president of investor relations at MARA, who stated that the company has not changed its core Bitcoin ($BTC) Treasury approach.
His remarks were a direct response to Swan Desk advisor Jacob King, who claimed on Tuesday that MARA had moved to a short-sell strategy, citing filings with the U.S. Securities and Exchange Commission. King’s post had been viewed more than 325,000 times at the time of writing.
Samuels pointed to the company’s 2026 10-K filing, which states that MARA has expanded its policy to allow for the sale of Bitcoin held on its balance sheet.
sauce: Mara
“Our 2026 10-K clearly states that we have expanded our strategy to enable the sale of Bitcoin held on our balance sheet,” Samuels wrote.
As first reported by Cointelegraph, the filing does not mandate reserve reductions, but instead allows for discretionary trading based on market conditions and capital allocation priorities.
Samuels argued that the difference is between maintaining discretion and committing to a significant withdrawal of Bitcoin Treasury holdings.
MARA has historically positioned itself as a long-term Bitcoin holder, and any changes to its financial strategy are being closely watched by investors and market participants.
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MARA doubles down on diversification while maintaining significant profits $BTC Ministry of Finance
Although MARA has expanded its operations in recent years, its balance sheet remains heavily tied to Bitcoin exposure.
That diversification accelerated last month when MARA acquired a 64% stake in Exaion, a France-based computing infrastructure company focused on high-performance computing and blockchain services.
Still, Bitcoin remains central to MARA’s balance sheet. The company has 53,822 $BTCits value is approximately $3.7 billion, making it the largest publicly traded Bitcoin miner by financial size.
1 year history of MARA’s Bitcoin holdings. sauce: BitcoinTreasuries.net
Of all publicly traded companies, only Michael Saylor’s strategy holds more companies, with more than 720,000. $BTC What has been accumulated to date.
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