TechFlame reports that in its 10-K filing with the SEC, MARA announced a revision to its digital asset management strategy for 2026, allowing the sale of Bitcoin held on its balance sheet. This policy expands beyond the 2025 provision, which only permitted the sale of mined Bitcoin. As of December 31, 2025, MARA holds 53,822 Bitcoins, valued at $4.7 billion, including 9,377 Bitcoins that have been loaned out and 5,938 Bitcoins pledged as collateral for a $350 million credit facility. Additionally, MARA recorded a $422.2 million decrease in the fair value of its Bitcoin holdings in 2025 and terminated its trading mandate with Two Prime in December. Throughout 2025, MARA mined a total of 8,799 Bitcoins, representing a 7% year-over-year decline.