MARA just took profits $BTC HUGE!
$1.1 billion from 13,597 $BTC at $81,039/coin was a shocking move! Nearly 40% of the $BTC they held has disappeared.
MARA used $750 million to pay off mortgage-backed loans with $BTC , significantly reducing risk. Now, only 20,415 $BTC remain in the treasury.
Next plan: continue selling $BTC when the price is favorable, use the money to buy back $500 million in shares, and make a breakthrough in AI/HPC. This is a major shift.
This move reflects a deleveraging and diversification strategy, especially after mining revenue fell 35%. A giant miner is changing its business model.
Could this be the new trend for miners? How will the market $BTC react to selling pressure from the big players?
#Crypto #Bitcoin $BTC
$1.1 billion from 13,597 $BTC at $81,039/coin was a shocking move! Nearly 40% of the $BTC they held has disappeared.
MARA used $750 million to pay off mortgage-backed loans with $BTC , significantly reducing risk. Now, only 20,415 $BTC remain in the treasury.
Next plan: continue selling $BTC when the price is favorable, use the money to buy back $500 million in shares, and make a breakthrough in AI/HPC. This is a major shift.
This move reflects a deleveraging and diversification strategy, especially after mining revenue fell 35%. A giant miner is changing its business model.
Could this be the new trend for miners? How will the market $BTC react to selling pressure from the big players?
#Crypto #Bitcoin $BTC