EL7.AI
CryptoMedium•9 October 2026•
1 min read

MARA Transfers $81.1M in Bitcoin to Galaxy Digital Amid AI Pivot

Key Facts

1Bitcoin miner MARA transferred 996.105 BTC worth $81.1 million to Galaxy Digital.
2The transfer occurs as the company shifts its strategy toward AI and high-performance computing infrastructure.
3The company's bitcoin treasury holdings fell from 53,822 BTC in February to 35,577 BTC in August.

Bitcoin miner MARA transferred 996.105 BTC worth $81.1 million to Galaxy Digital, Reuters and CoinDesk reported. The move comes as the company's bitcoin treasury holdings have decreased significantly, falling from 53,822 BTC in February to 35,577 BTC in August. According to TokenPost, the transfer aligns with the company's strategic shift toward reallocating capital into artificial intelligence and high-performance computing infrastructure.

GLXY, the stock for Galaxy Digital, closed at $20.09 on October 8, 2026, after trading between a day low of $19.71 and a high of $21.1. While the transfer does not confirm an immediate sale, it follows a pattern of treasury liquidation by MARA, which previously sold 15,133 BTC for approximately $1.1 billion in March to strengthen its financial position and support its broader infrastructure goals.