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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

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Long: 65.5%Short: 34.5%

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Bitcoin Magazine Editorial

(03:33 PM UTC)

1 min read

Updated byJames Mitchell

1060 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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