MARA Approves $500 Million Buyback After Selling 13,597 Bitcoin
The company used $750 million from the Bitcoin sale to repay debt. Two planned data-center leases may be delayed into 2027.

MARA has approved a $500 million stock buyback authorization after selling 13,597 Bitcoin (BTC) and using $750 million from the sale to repay debt, pairing a new equity move with a completed debt reduction.
The BTC sale and repayment are completed actions; the buyback is a separate authorization. It concerns MARA shares, not additional Bitcoin purchases, and its $500 million value refers to the approved stock program.
Two planned data-center leases also face possible delays that could push related plans into 2027. That timing remains uncertain: the update describes a potential shift, not a confirmed 2027 start. The lease plans are separate from the company’s completed BTC sale and debt repayment.
The announcement combines one completed sale and repayment with two forward-looking items: share repurchases and data-center plans. Bitcoin is the asset sold, while the buyback concerns equity and the leases concern infrastructure. For readers tracking MARA, those figures describe three different things: 13,597 BTC sold, $750 million of debt repaid and a $500 million stock buyback authorized.