MARA has revised its 2026 asset management strategy to allow it to sell Bitcoin held on its balance sheet.

In its SEC 10-K filing, MARA stated that it has revised its 2026 Digital Asset Management Strategy to allow the sale of Bitcoin held on its balance sheet. This policy goes beyond the 2025 requirement that only mining output could be sold. As of December 31, 2025, MARA held 53,822 Bitcoins, valued at $4.7 billion, including 9,377 lent-out Bitcoins and 5,938 Bitcoins used as collateral for a $350 million line of credit. Furthermore, MARA recorded a $422.2 million decrease in the fair value of its Bitcoin holdings in 2025 and terminated its trading mandate with Two Prime in December. MARA mined 8,799 Bitcoins in 2025, a 7% decrease year-over-year.