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Bitcoin miner MARA moves $81M in BTC to Galaxy Digital amid AI strategy shift

Market News
09 Oct 2026, 12:08 WIB
Coindesk
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Neutral
Bitcoin miner MARA moves $81M in BTC to Galaxy Digital amid AI strategy shift

MARA Holdings transferred about 996 BTC, worth $81.13 million, to Galaxy Digital, signaling a strategic pivot from bitcoin mining to artificial intelligence and high-performance computing. While the transfer doesn't confirm a sale, MARA's bitcoin holdings have dropped from 53,822 BTC in February to 35,577 BTC in August as it sold part of its treasury to reduce debt and fund expansion. The company sold 15,133 BTC in March for $1.1 billion to repurchase convertible debt. MARA shares rose 2% pre-market following bitcoin's recent price recovery above $82,000.

MARA's bitcoin transfer to Galaxy Digital is the subject here, with Pluang's cryptocurrency market data providing context. Of 50 major cryptocurrencies priced on Pluang, 14 rose and 35 fell today. Notable movers include UNI at Rp132.905 with a -4.59% change, ALGO at Rp2.139 with a -4.51% change, and SOL at Rp1.972.118 with a -4.06% change, as of Oct 09, 2026 15:22 WIB.

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