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MARA Sells 15,000 BTC for $1.1 Billion to Retire Convertible Debt

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MARA Sells 15,000 BTC for $1.1 Billion to Retire Convertible Debt

Largest U.S. Bitcoin miner offloads roughly a quarter of its treasury to buy back $1 billion in zero-coupon notes at a 9% discount, dropping to third among corporate BTC holders.

MARA Holdings, the largest publicly traded Bitcoin miner in the U.S., sold 15,133 BTC for approximately $1.1 billion between March 4 and March 25, deploying the proceeds to retire roughly $1 billion in convertible debt, the company said Thursday.

The transactions represent one of the single largest BTC liquidations by a public miner and mark a decisive break from the accumulation-first playbook MARA pursued through much of 2024 and 2025, when it raised billions through zero-coupon convertible note offerings specifically to buy more Bitcoin.

Debt Slashed by 30%

MARA entered into privately negotiated agreements with noteholders to repurchase approximately $367.5 million of its 0.00% convertible senior notes due 2030 and $633.4 million of its 2031 notes, according to a press release. It paid roughly $322.9 million and $589.9 million, respectively — an average discount of about 9% to par — capturing approximately $88 million in cash savings.

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The buyback cuts MARA’s total convertible note obligations from roughly $3.3 billion to $2.3 billion, according to the company’s disclosure.

The sale follows a policy change MARA disclosed in its 10-K filing with the SEC earlier this month, formally authorizing the sale of BTC held on its balance sheet — not just newly mined coins. In the second half of 2025, the company had already begun selling a portion of production to cover rising operating costs amid post-halving margin compression.

“Our decision to sell a portion of our Bitcoin holdings reflects a strategic capital allocation move designed to strengthen our balance sheet and position the company for long-term growth,” Chairman and CEO Fred Thiel said in the announcement.

The shift is stark. Just a few months ago, MARA was among the most aggressive corporate BTC accumulators, alongside Strategy (formerly MicroStrategy), using convertible debt issuances to expand its holdings to over 50,000 BTC.

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Following the sale, its stash sits at 38,689 BTC, worth approximately $2.7 billion at current prices, according to BitcoinTreasuries data. The drawdown pushes MARA to third among corporate Bitcoin holders, behind Twenty One Capital, which holds 43,514 BTC. Strategy remains far ahead with more than 762,000 BTC and is still buying.

AI Pivot

Thiel framed the deleveraging as a prerequisite for MARA’s broader strategic pivot into digital energy and AI/high-performance computing infrastructure. In February, the company announced a joint venture with Starwood Capital targeting 2.5 GW of AI and HPC data center capacity, and last year agreed to acquire a 64% stake in Exaion, a high-performance computing subsidiary of French energy giant EDF.

The company said it plans to continue selling Bitcoin “from time to time” as part of its 2026 capital and liquidity strategy.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

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XRP Price Prediction Meets SEC ETF Deadline as Pepeto Outperforms and Investors Choose Exchange Tools Over Web3

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XRP Price Prediction Meets SEC ETF Deadline as Pepeto Outperforms and Investors Choose Exchange Tools Over Web3

The SEC faces its final deadline today on the remaining batch of spot XRP ETF applications, and with $1.44 billion already flowing into XRP funds and Goldman Sachs holding the largest institutional position at $153 million, the xrp price prediction hinges on whether that institutional capital wave finally arrives at scale.

While XRP waits for one more catalyst, attention shifts. The exchange that raised more than $8 million with verified tools already running is where investors are choosing to position before the listing. The XRP outlook shows strength in the infrastructure, but Pepeto with 100x projected by analysts offers the kind of return that XRP at $1.34 needs years to match.

The SEC reaches its 240 day maximum deadline on March 27 for the remaining spot XRP ETF applications from Grayscale, WisdomTree, and Franklin Templeton, with $1.44 billion in total inflows and Goldman Sachs holding $153 million as the single largest institutional allocation, according to CoinDesk.

Bloomberg analysts place the odds of at least one approval before year end at 95%, and the SEC commodity classification on March 17 removes the final regulatory obstacle, according to The Block.

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The xrp price prediction benefits from ETF clarity, but the exchange already at presale pricing with a Binance listing confirmed is where the compressed return lives.

Where the ETF Catalyst Meets Presale Returns Before Trading Opens

Pepeto

XRP ETF volumes are rising, which shows institutions still enter crypto infrastructure even when prices swing. But sentiment flips fast and holding one token without protection exposes you to every shift.

That is why Pepeto stands apart. It is not a bet on one coin recovering but on giving traders verified answers in every market. The exchange raised more than $8 million at $0.000000186, and wallets are buying access to tools that help them make verified decisions.

The xrp price prediction may show strength, but the risk scorer checks every contract before your capital touches it, PepetoSwap handles every trade at zero fees, and the cross chain bridge sends tokens at zero cost.

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Inside the platform, the contract scanner, the real time risk checker, and the zero cost bridge all run from one fast verified exchange with 193% APY staking compounding early positions while stages fill faster. The SolidProof audit verified every contract, and the developer who created the original Pepe coin reaching $11 billion with the same 420 trillion supply built the exchange alongside a former Binance expert.

If crypto keeps growing, the need for verification only grows with it, and the demand for Pepeto grows alongside. Getting in before that demand becomes obvious is where 100x lives.

XRP Price Prediction: Can XRP Break $1.60 Before the ETF Decision Lands?

XRP trades at $1.34 as of March 27 forming a tightening ascending triangle with the SEC ETF deadline arriving today, according to CoinMarketCap.

The xrp price prediction puts resistance at $1.45 then $1.55, with a break above $1.60 opening the path to $2.00. Support holds at $1.30 with $1.10 below if the triangle breaks down. Standard Chartered set the 2026 target at $2.80, citing rotation away from XRP. Weekly ETF inflows dropped from $200 million at launch to under $2 million by early March.

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The XRP forecast for the year ranges from $2.50 to $4.00 if the CLARITY Act passes, but even the bullish case is a recovery play over quarters, not the 100x the presale delivers from one listing.

XRP Price Prediction Confirms the Pepe Cofounder Plus Exchange Tools Plus Binance Listing Is the Rarest Combination

The SEC ETF deadline landing today barely moved the price despite $1.44 billion already inside XRP funds, and that tells you where attention shifts in 2026. The real returns flow into early exchange infrastructure built before the listing.

Pepeto crossed $8 million with verified tools running and a Binance listing confirmed. Retail traders finally get exchange level tools at presale pricing, and early wallets get the full distance between this entry and the listing.

The Pepeto official website is where the Pepe cofounder plus exchange tools plus a Binance listing creates the rarest combination crypto produces, and entering before the listing is how you collect what the rest of the cycle references.

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Click To Visit Pepeto Website To Enter The Presale

FAQs:

What does the xrp price prediction show after the SEC ETF deadline?

XRP targets $1.60 as the breakout trigger with $2.00 above if the ascending triangle resolves bullish, while $1.30 holds as support.

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How do the latest XRP developments affect the market?

XRP ETFs pulled in $1.44 billion but weekly flows dropped to $2 million, and the commodity classification has not yet attracted the institutional wave. The Pepeto official website is where verified exchange tools at presale pricing offer stronger near term returns.

What are the key xrp price prediction levels right now?

XRP consolidates in a triangle with $1.45 and $1.55 as resistance, $1.30 as support, and Standard Chartered targeting $2.80 for 2026 if the CLARITY Act advances.

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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Kalshi Partners with ARK Invest to Meet Rising Institutional Demand for Prediction Markets

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Kalshi launches a formal market request pipeline to meet growing institutional investor demand.
  • ARK Invest partners with Kalshi to list prediction markets aligned with its investment research.
  • Live markets on Kalshi now cover non-farm payrolls, deficit-to-GDP ratios, and business KPIs.
  • Crowd-sourced prediction markets are becoming alternative data signals for major financial institutions.

Prediction markets are gaining traction among institutional investors, and Kalshi is now at the center of this shift. The platform has partnered with ARK Invest to list markets used in investment research and analysis.

Tarek Mansour, co-founder and CEO of Kalshi, confirmed the collaboration publicly. Several markets are already live, covering non-farm payrolls, deficit-to-GDP ratios, and business KPIs. The move reflects growing institutional appetite for crowd-sourced financial signals.

Kalshi’s Formal Pipeline Now Serves Institutional Demand

Kalshi has been witnessing a steady rise in institutional interest in prediction markets. To address this, the platform developed a formal market request pipeline for institutional partners.

This pipeline allows institutions to work directly with Kalshi to list relevant markets. The structure gives major investors a standardized way to access crowd-sourced economic data.

The partnership with ARK Invest is one of the earliest collaborations built through this pipeline. ARK Invest, known for its research-driven approach to disruptive innovation, is using Kalshi to support its analysis process.

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Through the pipeline, ARK can request specific markets aligned with its investment focus. This creates a direct link between institutional research needs and market creation on the platform.

Mansour took to X to confirm the partnership and outline its scope. He wrote: “As institutional adoption of prediction markets grows, Kalshi is seeing increased demand for a formal market request pipeline to help investors leverage the wisdom of the crowd.” He added that ARK Invest is actively working through the pipeline to list markets used in analysis.

The collaboration also points to a wider pattern among financial institutions. More investors are turning to prediction markets as alternative data sources for decision-making.

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These markets aggregate collective public intelligence around key economic events. Kalshi is positioning itself to serve that growing need at an institutional level.

Live Markets on Kalshi Already Supporting ARK’s Research Process

Several markets created through the ARK partnership are already active on Kalshi. Non-farm payroll markets are among the live options available to investors today.

Deficit-to-GDP ratio markets and business KPI markets are also accessible through the platform. These give institutions a real-time, crowd-sourced view of major economic indicators.

Non-farm payroll data is one of the most closely watched monthly economic figures. A prediction market around it lets institutions gauge crowd expectations before official government releases.

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This forward-looking signal can help firms calibrate their strategies more accurately. ARK Invest is actively incorporating this data into its research process.

Deficit-to-GDP ratio markets offer macroeconomic visibility that traditional data providers rarely surface. Tracking this ratio helps investors assess long-term fiscal sustainability trends.

A crowd-sourced market around it gives institutions an independent read on public sentiment. That kind of alternative signal is increasingly valued in institutional investment circles.

Mansour closed his post by noting “more to come,” suggesting additional markets are being planned. Kalshi appears set to grow the pipeline and bring more institutional partners on board.

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The platform’s ability to convert research needs into live markets sets it apart. As institutional adoption of prediction markets continues to grow, Kalshi’s pipeline model may become a standard tool for major investors.

 

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Blockchain Philanthropy Fails Africa’s Real-World Test

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Blockchain Philanthropy Fails Africa’s Real-World Test

Opinion by: Samuel Owusu-Boadi, founder of WellsForAll

Over the past decade, crypto philanthropy has exploded. From a niche experiment to a transformative force channeling billions into global causes, crypto philanthropy’s moment has arrived.

According to data from The Giving Block, crypto donations exceeded $1 billion in 2024, proving that blockchain-based giving is now a legitimate, more transparent (in theory) and efficient alternative to traditional charity fundraising. While these figures show momentum, scale alone does not equate to success, especially in philanthropic projects across Africa.

Across the African continent, many crypto philanthropy initiatives are designed as moments — token launches, non-fungible token drops and campaigns designed to generate attention, capital and optimism in short bursts. These hype cycles rarely account for what happens after the launch window closes. No long-term systems are built to facilitate continued investment and oversight.

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Why is this an issue? Public good projects cannot function on hype cycles. They require assets that endure for decades, with maintenance schedules, governance structures and local accountability.

There is no shortage of donation campaigns for philanthropic projects in Africa. What is lacking is long-lasting infrastructure. When philanthropy is structured around visibility rather than durability, the result is predictable: short-term relief followed by quiet failure.

The transparency illusion

Crypto philanthropy evangelists often point to blockchain’s transparency as a solution to these shortcomings. Onchain records can show where funds move, when they move and who authorized them. As valuable as this type of insight is, it is also incomplete.

Transparent records alone solve little without tangible truth on the ground. A transaction hash cannot confirm that infrastructure remains functional, that communities continue to benefit or that maintenance funding still exists. Blockchain systems can record intent, but they cannot verify tangible outcomes in the projects that crypto philanthropy seeks to enable. Academic research has highlighted that while blockchain may improve traceability, it does not automatically guarantee accountability or effect without additional systems that sit beside or within it to link the two.

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Without on-the-ground presence and continuous oversight, onchain transparency risks becoming nothing more than performative in its credibility. Accountability must exist where the physical infrastructure exists, which means establishing frameworks outside of the distributed ledger that can track and measure tangible outputs. If effect is only measured at the transaction level, the most important question in any philanthropy project goes unanswered: Did lives meaningfully improve?

Ignoring local ownership makes failure inevitable

This gap between digital transparency and physical reality becomes more frustrating when projects are designed without the input from the communities they aim to serve. Many crypto philanthropy initiatives are conceived and executed by teams that have never visited the regions affected by their decisions.

Without local leadership overseeing these projects, responsibility evaporates once funding slows. Infrastructure that lacks community ownership will deteriorate quickly. Without clearly defined custodianship and locally managed maintenance resources, even well-funded projects deteriorate once initial enthusiasm fades.

At times, crypto-backed charitable initiatives in Africa treat local ownership as a cultural nicety, or an afterthought, rather than the heart and soul of the project. Communities must co-manage and protect assets if those assets are expected to survive. Projects that treat beneficiaries as end users rather than stewards inevitably collapse.

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Charity tokens create dependency instead of dignity

Considering these observations, it becomes quite clear that most charity tokens and crypto fundraising models are designed to deliver temporary relief. They perform well at mobilizing attention and capital quickly but struggle to support systems that operate year after year.

Shifting the aim toward structural infrastructure enables philanthropic projects to function as a type of economic infrastructure, where longevity and sustainability are properly accounted for, and not merely as a charitable intervention. When clean water systems, schools or clinics remain operational over long periods, they reduce dependency rather than reinforce it.

Related: Ripple commits $25M to US school nonprofits

Dignity emerges not from receiving aid, but from creating systems from that aid that truly stand the test of time and endure.

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Without long-term operational thinking, projects inadvertently recreate the very dependency dynamics they claim to disrupt.

Repeated failure harms the entire crypto industry

The consequences of these failures extend beyond individual projects. Whenever an initiative collapses, or public trust in a crypto-backed charity project erodes, not only is the power of philanthropy questioned, but so is belief in blockchain itself. With these failures, skepticism toward future crypto-powered initiatives only gets louder.

Africa experiences this damage the most. Failed experiments leave behind broken infrastructure and weakened confidence, making it harder for responsible models to gain support and traction. Philanthropy should never be treated as an experimental case study or showcase for blockchain technology. When human well-being is at stake, failure is not as abstract as we like to think.

For the crypto industry, this represents a credibility challenge. If blockchain is to play a meaningful role in global development, it must demonstrate discipline, restraint and accountability — not novelty for its own sake.

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Maturity, not abandonment

With all this being said, is it time to abandon crypto philanthropy projects? Certainly not. Crypto advocates often highlight the advantages of digital assets in philanthropy, including borderless transfers, reduced transaction costs and immutable records. These benefits are real and largely undisputed.

For blockchain to contribute meaningfully to sustainable effects, then it must be treated as governance infrastructure rather than a marketing fundraising function. That means prioritizing local ownership, multi-year planning, maintenance funding and accountability frameworks that extend beyond the ledger.

Until crypto philanthropy builds systems instead of hype, it will continue to fail the communities it claims to serve.

Opinion by: Samuel Owusu-Boadi, founder of WellsForAll.

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