Search results for "MARA"
2026-04-07
07:41

MARA Sells 15,000 Bitcoins and Cuts 15% of Its Workforce: Behind the AI Pivot, Mining Companies’ Business Models Are Being Rewritten

MARA Holdings announced layoffs of 15% and sold 15,133 bitcoins, raising about $1.1 billion to repurchase debt and support its transition, with the CEO calling it a strategic adjustment. The company is shifting its focus to artificial intelligence and energy infrastructure, reducing its bitcoin holdings by 28%. This move reflects a reshaping of the business logic of mining companies, gradually evolving toward diversification.
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BTC3,88%
00:23

Bitcoin miner MARA laid off about 15%, a strategic transition into an energy and digital infrastructure company

One of the largest Bitcoin mining companies in the world, MARA, will lay off about 15% of its employees. The CEO said this is part of the company’s strategic transformation as it moves into the energy and AI sectors. MARA is also selling Bitcoin to repay its debts, and it expects a net loss of $1.3 billion in 2025. Affected employees will receive corresponding compensation.
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BTC3,88%
09:58

Metaplanet climbs to third place on the Bitcoin holdings leaderboard, while MARA sells $1.1 billion to cash out

Metaplanet purchased 5,075 bitcoins for $398 million in the first quarter of 2026. Its total holdings reached 40,177 bitcoins, surpassing MARA Holdings to become the world’s third. After MARA sold 15,133 bitcoins, its holdings fell to 38,689 bitcoins. Metaplanet plans to hold 100,000 bitcoins by the end of 2026 and expects to raise about $255 million in financing. Despite its rank improving, its stock price still declined, facing pressure from losses; going forward, it will depend on financing and the MARA strategy.
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BTC3,88%
05:02

Genius Group liquidates all its Bitcoin to repay a $8.5 million debt, and multiple companies cut their BTC holdings at the same time

Genius Group announced that it will sell all its Bitcoin in the first quarter of 2026 to repay a $8.5 million debt, bringing its holdings to zero; this move contradicts its 2024 commitment to a “Bitcoin-first” strategy. Other companies such as MARA Holdings and Bitdeer have also continued to sell Bitcoin to meet financial needs.
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BTC3,88%
13:52

U.S. stocks opened lower, with cryptocurrency concept stocks broadly declining. The Nasdaq 100 has pulled back 10% from its recent high and may enter a correction phase.

On March 27, the three major U.S. stock indexes opened lower collectively, with the Dow Jones down 0.21%, the S&P 500 down 0.36%, and the Nasdaq down 0.55%. The market generally anticipates entering a correction phase, and at the same time, cryptocurrency-related stocks broadly declined, with major companies like Coinbase and MARA experiencing varying degrees of decline.
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