Bitcoin mining firm MARA sold 13,597 BTC over the past six weeks, generating approximately $1.1 billion in proceeds, with plans for further liquidation. The sales mark a significant shift from the company's previous commitment to hold its Bitcoin reserves.
The capital raised will be directed toward debt repayment and funding the development of artificial intelligence data centers, signaling MARA's strategic pivot toward AI infrastructure expansion.
MARA Liquidates 13,597 BTC Worth $1.1B in Six Weeks to Fund AI Data Centers and Repay Debt
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