CryptoMarkets

Bitcoin miner MARA sold 13,597 BTC for $1.1 billion in six weeks, plans to sell more

Summary

Digital currency miner MARA raised over one billion dollars by offloading thousands of bitcoins during a six-week period. The company completely eliminated its coin-backed debt and intends to continue selling its digital assets to support artificial intelligence datacenter operations.

MARA paid off every loan backed by its bitcoin and says the rest of its coins can fund AI datacenters.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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