MARA HOLDINGS

CUSIP: 565788AE6 Class: FIXED INCOME

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

Exited Positions (2)

K2 PRINCIPAL FUND, L.P.
Value ($000) $12,587 Shares 12,500
Skaana Management L.P.
Value ($000) $1,007 Shares 1,000,000