MARA liquidates $1.5B in Bitcoin to fund massive AI infrastructure pivot

The landscape of industrial Bitcoin mining has shifted dramatically as MARA, formerly Marathon Digital Holdings, executed a massive liquidation of its treasury. The company sold approximately $1.5 billion in Bitcoin during the first quarter of 2026, a move that coincided with a reported net loss of $1.26 billion. This strategic retreat from its long-standing strategy of accumulation marks a fundamental change in how the world's largest public miners manage their balance…