🇺🇸 US Bitcoin mining giant MARA reported a $1.3B loss 💸 and sold over 20,000 BTC 🪙
The company is cutting jobs ✂️ and shifting into AI infrastructure 🤖 as traditional Bitcoin mining becomes less profitable.
MARA’s CEO warned that mining could become unprofitable ⚡ in the coming years unless Bitcoin keeps growing by at least 50% annually 📈
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