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via Bitcoin Magazine · By Bitcoin Magazine Editorial
MARA Dumps $1.5B In Bitcoin As Miner Trades Treasury Hoard For AI Power Bet
BTC
BTC/USDT
$62,989.35
-0.05%
$62,989.35
-0.05%
(24s)24h Volume
$2,182,394,181.86
24h H/L
$63,175.00 / $62,946.58
Change: $228.42 (0.36%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0008%
Longs pay
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BM
Bitcoin Magazine Editorial(03:33 PM UTC)
1 min read
MARA Holdings has begun to shed its pure-play bitcoin miner identity, unloading $1.5 billion worth of bitcoin in the first quarter as it refocuses on power infrastructure and artificial intelligence data centers.
The shift comes as the company reports weaker financial results and leans on its bitcoin treasury to retire debt and fund a large energy acquisition in Ohio.
The company reported…
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