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MARA Holdings discloses $8.25M in executive security spending tied to Bitcoin holdings

2026-05-24 13:52:04

MARA Holdings disclosed $8.25 million in executive security spending, including bulletproofing vehicles for CEO Fred Thiel and CFO Salman Khan. A company filing showed $4.3 million for Thiel and $3.95 million for Khan, and MARA said the measures were reasonable and necessary because of risks tied to its publicly disclosed Bitcoin treasury. MARA said in the first quarter that it held 38,689 BTC.

MARA1.77%

BTC0.95%

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