MARA Holdings Sells $1.5 Billion Bitcoin As It Pushes Into A.I. Data Centres

2 weeks ago 16

CryptoProwl

Tue, May 12, 2026 astatine 8:43 AM CDT 1 min read

MARA Holdings Sells $1.5 Billion Bitcoin As It Pushes Into A.I. Data Centres

Cryptocurrency miner MARA Holdings (NASDAQ: $MARA) has sold $1.5 cardinal U.S. worthy of Bitcoin (CRYPTO: $BTC) arsenic it expands into artificial quality (A.I.) information centres.

In its first-quarter net statement, the institution said it sold the BTC to amended its liquidity and discontinue indebtedness associated with its pivot to moving A.I. information centres.

As a result, MARA Holdings has fallen 2 places to go the 4th largest publically traded holder of Bitcoin, according to marketplace data.

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Management astatine MARA said they bash not expect to marque purchases of specialized Bitcoin mining machines going forward, signalling the company’s determination distant from crypto mining.

MARA Holdings is 1 of respective crypto miners that is shifting its absorption to A.I. and high-performance computing (HPC) arsenic the prices of integer assets languish.

However, MARA has said that it wants to spot caller infrastructure alongside its crypto mining operations, allowing the institution to make Bitcoin gross portion keeping the enactment to redirect powerfulness toward A.I. workloads.

Around 90% of MARA’s non-hosted mining capableness could beryllium utilized for A.I. infrastructure, the institution has said.

MARA Holdings reported that its first-quarter gross fell 18% from a twelvemonth earlier to $174.6 cardinal U.S.

The company’s nett nonaccomplishment successful Q1 widened to $1.3 cardinal U.S., mostly tied to unrealized losses connected the 38,689 Bitcoin it owned successful the quarter.

MARA banal has declined 16% successful the past 12 months to commercialized astatine $13.39 U.S. per share.

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