Markets· ★★★★· bearish·

MARA transfers $81.1M in bitcoin to Galaxy Digital as strategy pivots to AI

  • —MARA transferred $81.1 million in bitcoin to Galaxy Digital
  • —The transfer does not confirm a sale, but treasury fell from 53,822 BTC to 35,577 BTC
  • —The drawdown comes as MARA pivots its strategy toward AI
Why it matters: Shrinking bitcoin reserves at a top miner and its shift to AI weaken a source of BTC demand and signal a changing industry model.
Source: CoinDesk