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Salman Hassan Khan, Chief Financial Officer of MARA Holdings, Inc. (NASDAQ:MARA), sold 34,732 shares of common stock on September 15, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $16.24, totaling $564,047. The stock, which currently trades at $17.33 with an average daily volume of 50.5 million shares, has gained over 33% in the past six months according to InvestingPro data.
Following the transaction, Khan indirectly holds 318,428 shares through the S & N Khan Family Trust. Khan also directly holds 1,368,613 shares in MARA Holdings.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025. Discover more insights about MARA’s valuation and 14 additional key ProTips with a subscription to InvestingPro, including detailed analysis in the comprehensive Pro Research Report.
In other recent news, MARA Holdings, Inc. reported mining 208 bitcoin blocks in August 2025, maintaining its July production levels despite a 6% increase in global hashrate. The company increased its bitcoin holdings to 52,477 BTC by the end of August, producing 705 bitcoin throughout the month. MARA Holdings also announced plans to acquire a 64% stake in Exaion, a subsidiary of French energy producer EDF, for approximately $168 million in cash. This acquisition includes an option to increase ownership to 75% by 2027, contingent on meeting certain milestones. Additionally, MARA Holdings appointed Gérard Mestrallet as a senior advisor and established its European headquarters in Paris. Mestrallet brings extensive experience from his previous roles, including serving as Chairman and CEO of ENGIE. Meanwhile, MARA Holdings experienced a drop in stock value alongside other bitcoin-linked stocks as cryptocurrency prices retreated. These developments reflect MARA Holdings’ ongoing efforts to expand its operations and strategic positioning in the market.
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