MARA Is Selling Its Bitcoin and Firing Staff — And Calling It a Growth Strategy
MARA Holdings (MARA) reportedly minimize roughly 15% of its workforce and bought over 15,000 Bitcoin (BTC) for $1.1 billion to retire convertible debt, as the corporate pivots from Bitcoin mining towards AI and vitality infrastructure. CEO Fred Thiel confirmed the layoffs in an inside memo, describing the cuts as “a strategic one” somewhat than purely…
