MARA secures $600M in Bitcoin-backed loans, pledges 18,750 BTC for AI and energy push

MARA secured $600 million in Bitcoin-backed loans, pledging 18,750 BTC for AI and energy initiatives. The strategic pivot into AI and energy sectors could diversify revenue streams but increases financial risk with significant Bitcoin collateral. The move leverages Bitcoin holdings to fund expansion into new industries, potentially impacting MARA's balance sheet.