MARA Holdings transfers 996 BTC worth $81.13 million to Galaxy Digital
CIE News ·
MARA Holdings transferred roughly 996 BTC to Galaxy Digital, according to CoinDesk, though the transaction does not confirm whether a sale took place as the miner expands into AI infrastructure.
Bitcoin (BTC) miner MARA Holdings moved approximately 996 BTC, valued at $81.13 million, to a wallet associated with Galaxy Digital, according to CoinDesk. Onchain data tracked by Lookonchain indicates the transfer occurred, though the movement alone does not confirm that an actual sale was executed. MARA has been diversifying its operations into artificial intelligence and high-performance computing, previously selling 15,133 BTC in March for roughly $1.1 billion to buy back convertible debt. The company's treasury reserves declined steadily from 53,822 BTC on February 26 to 35,577 BTC by August 7.