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MARA Holdings clarifies Bitcoin reserve strategy, denies large-scale liquidation plan
Deep Tide TechFlow News, March 4th, MARA Holdings Vice President of Investor Relations Robert Samuels issued a statement clarifying that the company has no plans to sell the majority of its Bitcoin reserves. Previously, SwanDesk founder Jacob King incorrectly claimed that MARA planned to liquidate its Bitcoin holdings. Samuels stated that MARA has simply expanded its financial strategy to allow flexible buying and selling based on market conditions and capital allocation priorities, rather than intending to liquidate its reserves. It is reported that MARA currently holds 53,822 Bitcoins, worth approximately $4.7 billion, making it the largest publicly traded Bitcoin mining company.