- MARA’s revised policy al
HOME > matissé > mara february 2025 bitcoin production update - MARA Announces Policy Shift to Allow Bitcoin Reserve Sales Starting 2026
1. INTRODUCTION
2. KEY MOMENTS
3. ANALYSIS
mara february 2025 bitcoin production update - MARA Announces Policy Shift to Allow Bitcoin Reserve Sales Starting 2026
MARA Holdings announced in its 2026 Form 10-K filing that it will permit the sale of its Bitcoin reserves starting in 2026. The company cited shifting capital needs and market conditions as the reason for the policy change. As of December 31, 2025, MARA held 53,822 BTC, the second-largest public Bitcoin reserve. The firm earned $32.1 million in Bitcoin analysis-related lending interest in 2025, but a drop in prices led to an $86.3 million net loss in that segment.
? Key Moments of the Match
23' - First goal by John Doe (Home team).
45+2' - Equalizer from penalty spot.
67' - VAR review disallows goal.
89' - Last-minute winner! Incredible scenes.
?? Tactical Analysis & Player Ratings
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Home MVP: John Doe (9.2)
Away MVP: James Smith (8.7)