--- title: Marathon Digital Sells $1.5 Billion in Bitcoin, Shifts Focus to AI Infrastructure canonical: https://mining-provider.com/marathon-digital-sells-1-5-billion-in-bitcoin-shifts-focus-to-ai-infrastructure/ author: Mining Provider Editorial Staff published: 2026-05-13 updated: 2026-05-13 language: en category: News description: Marathon Digital Holdings sold $1.5 billion in Bitcoin to focus on AI infrastructure, reporting a net loss of $1.3 billion amid declining revenues and market conditions. Other companies like Iris Energy and Riot Platforms are also shifting towards AI services and sustainable energy solutions while continuing their mining operations. source: Provimedia GmbH --- # Marathon Digital Sells $1.5 Billion in Bitcoin, Shifts Focus to AI Infrastructure > **Autor:** Mining Provider Editorial Staff | **Veröffentlicht:** 2026-05-13 **Zusammenfassung:** Marathon Digital Holdings sold $1.5 billion in Bitcoin to focus on AI infrastructure, reporting a net loss of $1.3 billion amid declining revenues and market conditions. Other companies like Iris Energy and Riot Platforms are also shifting towards AI services and sustainable energy solutions while continuing their mining operations. --- ## MARA Sells Bitcoin Worth $1.5 Billion Amid Shift Towards AI Infrastructure Marathon Digital Holdings (MARA) reported a significant strategic shift as it sold Bitcoin valued at approximately $1.5 billion while focusing on AI infrastructure. The company's revenue for the first quarter of 2026 fell by 18% to $174.6 million, with a net loss expanding to $1.3 billion, primarily due to unrealized losses on its Bitcoin holdings. The company sold about $1.1 billion in Bitcoin near the end of the quarter to repurchase convertible bonds, resulting in a drop from the second to the fourth largest publicly traded Bitcoin treasury holder. Despite these developments, MARA's management emphasized that mining would remain the "operational foundation" of the company. However, they indicated that future investments would increasingly focus on AI and data center infrastructure, with plans to repurpose around 90% of its mining capacity for AI applications. This strategic pivot reflects a broader trend among Bitcoin miners adapting to changing market conditions. > "Mining will remain the operational foundation of the company," stated MARA's management in their shareholder letter. **Key Takeaways:** MARA's revenue decreased by 18% to $174.6 million, with a net loss of $1.3 billion. The company sold $1.5 billion in Bitcoin to improve liquidity and reduce debt. ## LM Funding America Reports Bitcoin Mining Update for April 2026 LM Funding America, Inc. announced an unverified update regarding its Bitcoin mining activities, reporting a production of 9.4 BTC for the month ending April 30, 2026. The company's stock is currently trading at $0.23 on the BATS Trading platform. This update highlights the company's ongoing focus on Bitcoin mining, which remains a primary revenue driver despite the volatility in the cryptocurrency market. Originally focused on financing for Bitcoin miners, LM Funding America has increasingly engaged in its own mining operations. The performance of the company is closely tied to Bitcoin prices and mining efficiency, with the stock being accessible to German investors through various trading platforms. **Key Takeaways:** LM Funding America produced 9.4 BTC in April 2026, with its stock trading at $0.23. The company continues to focus on Bitcoin mining as a primary revenue source. ## Iris Energy Ltd Repositions as AI Infrastructure Provider Iris Energy Ltd is expanding its business model from Bitcoin mining to include AI and cloud infrastructure, aiming to increase its Annual Recurring Revenue (ARR) tenfold by 2028. The company plans to leverage its data center locations and energy capacities to offer longer-term contracts for AI workloads, thereby creating stable recurring revenues. This strategic shift aims to reduce reliance on the volatile cryptocurrency market while capitalizing on the growing demand for AI services. Iris Energy's hybrid model combines Bitcoin mining with AI infrastructure, positioning the company for future growth in both sectors. **Key Takeaways:** Iris Energy Ltd is transitioning to include AI infrastructure alongside Bitcoin mining, with a goal to increase ARR significantly by 2028. ## Marathon Reports $1.3 Billion Loss Due to Bitcoin Price Decline Marathon Holdings faced a challenging first quarter in 2026, reporting a net loss of $1.3 billion attributed to an 18% decline in average Bitcoin prices. The company's revenue fell to $174.6 million, down from $213.9 million in the same quarter of the previous year. The loss was exacerbated by increased operational costs and unfavorable market adjustments related to Bitcoin. Despite the losses, Marathon is strategically repositioning itself beyond cryptocurrency mining, focusing on AI infrastructure. The company sold Bitcoin worth $1.5 billion to finance this transition and reduce its debt by 30%. This move reflects a broader trend among Bitcoin miners facing tighter margins and rising operational costs. **Key Takeaways:** Marathon reported a net loss of $1.3 billion in Q1 2026, with revenue down to $174.6 million. The company is shifting focus towards AI infrastructure while reducing debt through Bitcoin sales. ## Riot Platforms Partners with Terrestrial Energy for Sustainable Data Centers Riot Platforms has announced a partnership with Terrestrial Energy to develop nuclear-powered data centers aimed at providing sustainable energy for high-performance computing. This collaboration aligns with Riot's strategy to expand its infrastructure for Bitcoin mining and other computing services. The partnership is expected to enhance Riot's capabilities in sustainable energy, which is crucial for the future of cryptocurrency mining and data processing. The company's stock is available for trading on NASDAQ and Xetra, making it accessible to German investors. **Key Takeaways:** Riot Platforms is collaborating with Terrestrial Energy to develop sustainable, nuclear-powered data centers, enhancing its infrastructure for Bitcoin mining and computing services. Sources: - [MARA verkauft Bitcoin im Milliardenwert – Abschied vom Mining?](https://www.btc-echo.de/schlagzeilen/mara-verkauft-bitcoin-im-milliardenwert-abschied-vom-mining-230548/) - [LM Funding America-Aktie (US50208S1059): Bitcoin-Mining-Update für April 2026](https://www.ad-hoc-news.de/boerse/news/ueberblick/lm-funding-america-aktie-us50208s1059-bitcoin-mining-update-fuer-april/69316840) - [Bitcoin-Miner MARA verkaufte BTC im Wert von 1,5 Milliarden US-Dollar im Zuge der Umorientierung hin zu KI-Infrastrukturen](https://www.coindesk.com/de/markets/2026/05/12/bitcoin-miner-mara-sold-usd1-5-billion-of-bitcoin-as-it-shifts-toward-ai-infrastructure) - [Iris Energy Ltd-Aktie (KYG4672N1078): Neupositionierung als KI-Infrastruktur-Anbieter](https://www.ad-hoc-news.de/boerse/news/ueberblick/iris-energy-ltd-aktie-kyg4672n1078-neupositionierung-als/69316227) - [Marathon verzeichnet 1,3 Mrd. US-Dollar Verlust, da der Kursrückgang von Bitcoin um 18 % den Umsatz im ersten Quartal um 35 Mio. US-Dollar schmälert](https://news.bitcoin.com/de/marathon-verzeichnet-1-3-mrd-us-dollar-verlust-da-der-kursrueckgang-von-bitcoin-um-18-den-umsatz-im-ersten-quartal-um-35-mio-us-dollar-schmaelert/) - [Riot Platforms-Aktie (US7665471066): Kooperation mit Terrestrial Energy treibt Kurs](https://www.ad-hoc-news.de/boerse/news/ueberblick/riot-platforms-aktie-us7665471066-kooperation-mit-terrestrial-energy/69317502) --- *Dieser Artikel wurde ursprünglich veröffentlicht auf [mining-provider.com](https://mining-provider.com/marathon-digital-sells-1-5-billion-in-bitcoin-shifts-focus-to-ai-infrastructure/)* *© 2026 Provimedia GmbH*