MARA transfers $81.1 million in bitcoin to Galaxy Digital as strategy pivots to AI
Bitcoin mining firm MARA Holdings has transferred approximately 996 BTC to Galaxy Digital as part of a strategic shift toward AI and high-performance computing infrastructure. The company has been steadily reducing its bitcoin treasury to strengthen its balance sheet.
Why it matters
This move reflects a broader trend of crypto-native companies diversifying their business models into AI infrastructure to mitigate market volatility.
AI tarafından çevrildi 1 dk okuma Make preferred on Paylaş Bu makaleyi paylaş Bağlantıyı kopyala X icon X (Twitter) LinkedIn Facebook E-posta Make preferred on Özet Göster MARA transferred approximately 996 BTC, worth $81.13 million, to a Galaxy Digital address, according to data flagged by Lookonchain. Its bitcoin holdings declined by 18,245 BTC between February and August as the company reduced debt and expanded into AI infrastructure. Bitcoin miner MARA Holdings MARA transferred approximately 996 BTC ($81.13 million) to an address identified as belonging to Galaxy Digital, according to data tracked by Lookonchain .
While the coins were moved, the transfer alone does not confirm that Galaxy Digital GLXY executed a sale.
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