MARA Dumps $1.5B In Bitcoin As Miner Trades Treasury Hoard For AI Power Bet

BTC

BTC/USDT

$79,600.00

-1.80%

$79,600.00

-1.80%

(24s)

24h Volume

$17,281,002,835.59

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0014%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,603.06

▼ -0.07%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,603.06

Support 1$78,324.21

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.2

Bitcoin Magazine Editorial

(03:33 PM UTC)

1 min read

Updated byJames Mitchell

0 comments

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…