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MARA Holdings stories

Aug 7, 2026

MARA Holdings Pledges 18,750 BTC as Collateral for $600 Million Loans to Fund AI and Energy Expansion

Bitcoin miner MARA Holdings secured $600 million in loans from Coinbase Credit and Two Prime Lending on August 4, 2026, pledging 18,750 BTC (valued at approximately $1.2 billion) as collateral to finance expansion into artificial intelligence infrastructure and power generation. The move comes amid concerns after the company sold nearly all its mined Bitcoin and MARA stock dropped 10.9% following the announcement.

Aug 7, 2026·6 sources
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Bitcoin Miners MARA Holdings and CleanSpark Report Major Revenue Declines in Q2 2026 Amid Price Slump

MARA Holdings swung to a $611.3 million net loss in Q2 2026 despite record production, driven by a 28% decline in Bitcoin's average price and markdown of holdings. CleanSpark also reported significant revenue drops, with MARA's revenue falling 27% year-over-year to $174.9 million and CleanSpark posting $138 million in quarterly revenue.

Aug 7, 2026·7 sources
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Top claims

  • ▪The Federal Trade Commission granted early termination of the antitrust waiting period for the Long Ridge transaction on June 16, 2026, but Federal Energy Regulatory Commission approval remains pending.
  • ▪The Coinbase facility carries a floating interest rate equal to the midpoint of the Federal Reserve's target range plus 3.875 percentage points and matures in August 2028.
  • ▪The new borrowing sits inside a broader $750 million total facility arrangement, which includes a $450 million Coinbase Credit facility and a $300 million Two Prime Lending loan.

Topics

Crypto custody regulationInstitutional crypto adoptionEnergy security & geopoliticsBitcoin
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