Amid a more than 40% drop in Bitcoin from its peak of (000$126 , major mining companies are accelerating sales.

They hold Bitcoin worth approximately ) billion.

Unlike previous downturns, when sales were mainly used to cover operational expenses, this time most of the proceeds are being directed toward transitioning into the AI data center business.

MARA Holdings has included the potential sale of part of its Bitcoin reserves worth nearly $8 billion in its latest strategy, while CleanSpark and Riot Platforms are promoting the shift to AI through leadership changes, and Bitdeer has already fully divested its Bitcoin holdings.

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