MARA Dumps $1.5B in Bitcoin as Miner Trades Treasury Hoard for AI Power Bet

MARA Holdings has sold $1.5 billion worth of bitcoin to refocus on power infrastructure and artificial intelligence data centers, reporting weaker financial results and a net loss of about $1.3 billion. The company is pivoting from aggressive expansion of dedicated mining capacity to energy and data infrastructure. MARA's strategic shift positions it at the center of two energy-hungry sectors, bitcoin mining and AI compute.