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Popular crypto firm makes big Bitcoin move

Popular crypto firm makes big Bitcoin move

MARA Holdings (Nasdaq: MARA) is one of the leading crypto companies and the world’s largest publicly listed Bitcoin (BTC) miner. It is also one of the largest holders of Bitcoin.

Bitcoin mining is the process of using specialized computing systems to solve cryptographic functions to verify and add blocks containing BTC transactions to the blockchain network. In return, miners receive rewards in the form of newly minted BTC.

As Bitcoin mining is no longer as profitable as earlier due to lower rewards and declining price, many miners are pivoting to running artificial intelligence (AI).

Related: What is Bitcoin mining? Explained

MARA ventures into AI, trims Bitcoin holdings

MARA Holdings is no exception, as it is…

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