Bitcoin Treasury Firm MARA Considers Selling BTC Reserves After Policy Update

MARA Holdings updated its Bitcoin treasury policy on Monday through a 10-K filing with the U.S. Securities and Exchange Commission, allowing potential sales of $BTC reserves beginning in 2026. The disclosure confirmed the company may sell Bitcoin held on its balance sheet, not just newly mined coins. The change follows a year of mixed results from its digital asset management strategy and shifting capital needs.