Mara Holdings Loads Up on $99 Million in BTC Amid AI Development Fears

MARA Holdings has made its largest on-chain Bitcoin accumulation in nearly a year, purchasing 1,292 BTC worth $98.64 million through FalconX.

This move comes as AI industry leaders call for a slower pace of development, citing existential dangers from unchecked AI growth.

AI executives including Anthropic CEO Dario Amodei and OpenAI's Sam Altman have raised alarms about the risks of advanced models helping build even more powerful successors.

MARA Holdings' Bitcoin position now totals 35,577 BTC, worth around $2.7 billion at current prices.