MARA Transfers $81.13 Million in Bitcoin to Galaxy Digital Amid AI Pivot

Bitcoin traded above $82,000 as MARA Holdings transferred roughly 996 Bitcoin valued at $81.13 million to institutional firm Galaxy Digital. The transaction occurred during a broader crypto market selloff that saw liquidations surpass $1 billion, led by $935 million in wiped long positions. Although on-chain data does not confirm an outright sale, the transfer aligns with MARA's strategic pivot toward artificial intelligence and high-performance computing infrastructure. The miner's Bitcoin holdings have fallen from 53,822 BTC earlier in the year to 35,577 BTC, having sold 23,093 BTC for approximately $1.63 billion during the first half.