MARA Moves $81.1M in Bitcoin to Galaxy Digital Amid AI Shift
MARA transferred bitcoin worth $81.1 million to Galaxy Digital as its holdings declined and its strategy shifted toward AI, CoinDesk reported.
Bitcoin miner MARA sent $81.1 million worth of bitcoin to Galaxy Digital, according to CoinDesk. The move comes amid a shift in the company's strategy toward artificial intelligence.
The transfer alone does not establish that MARA sold the bitcoin. The report did not confirm the purpose of the transaction.
MARA's bitcoin treasury declined from 53,822 BTC in February to 35,577 BTC in August, a reduction of 18,245 BTC, or roughly 34%. The figures show a smaller reserve but do not establish whether the Galaxy Digital transfer involved a sale.
Source: CoinDesk
