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MARA Holdings sells $1.1B in Bitcoin to cut debt and pivot to AI data centers.

Market News
09 Nov 2026, 20:35 WIB
Crypto Briefing
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Neutral
MARA Holdings sells $1.1B in Bitcoin to cut debt and pivot to AI data centers.

MARA Holdings sold 15,133 BTC in March 2026, raising about $1.1 billion, mainly to repurchase $1 billion of convertible debt at a discount, reducing its debt by 30%. The company is shifting focus from Bitcoin mining to building AI high-performance computing data centers, leveraging existing infrastructure and a partnership with Starwood Capital Group. This strategic pivot aims to generate recurring revenue amid shrinking mining margins after Bitcoin halving. Investors should watch MARA's progress in AI capacity buildout and future Bitcoin sales.

Marathon's recent sale of 15,133 BTC to reduce debt and fund an AI pivot is the story context. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Nov 10, 2026 01:41 WIB: Among 50 major cryptocurrencies priced on Pluang, 30 rose and 19 fell today. Notable movers include EOS at Rp12.649 with an 8.13% increase and a typical hold time of 87 days, BAT at Rp2.360 up 6.08% with 99% buy order activity, and XRP at Rp19.829 down 5.36% with a typical hold time of 73 days and a near-even buy/sell split.

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