The blockchain company MARA Holdings moved 250 Bitcoin worth about $17 million to new addresses on Monday, according to the chain. data. The move comes after the company it was sold for 15,133 Bitcoin about $1.1 billion last month.
The leading crypto miner held 38,689 BTC, valued at $2.6 billion, following its March trading session. This number places it as the fourth largest digital asset group behind Strategy, Twenty One Capital, and Metaplanet.
Metaplanet added 5,075 BTC in Q1 2026, progress on MARA is 40,177 dollars.
MARA shares are down about 22% over the past year, trading at around $8.8, on Yahoo Finance.
MARA cuts 15% of workforce as it expands into AI infrastructure
MARA Holdings has reduced its workforce by approximately 15% as part of the ongoing transformation of bitcoin mining, According to internal memo reviewed by Blockspace.
The layoffs, which affect multiple departments, follow recent moves in AI and data architecture, including systems Exion and Starwood.
MARA Holdings is moving forward with plans to expand into an AI data center and “power electronics development,” part of a broader industry shift as Bitcoin miners adapt to economic changes after the April 2024 Bitcoin decline.
With reduced awards and tighter margins, companies are making more use of existing electrical contractors and specialized high-end computer equipment.
Partners including Riot Platforms have also done the same, with Riot reportedly selling around $290 million in Bitcoin in the first quarter of 2026.
