Last updated on March 10th, 2026 at 11:54 am
David Bailey, CEO of Bitcoin Magazine, emphasized that Bitcoin is full of brilliant, honest people building the same future, but social media often divides them into tribes. “Touch grass. Meet people in real life. Assume good intent. Take the high road.
Generosity towards others strengthens the entire movement,” he said, as miners increasingly shift strategies from holding Bitcoin to investing in artificial intelligence infrastructure.
Bitcoin is full of brilliant, honest people trying to build the same future.
But this app constantly pushes us into tribes. It’s a psyop.
Touch grass. Meet people IRL. Assume good intent. Take the high road.
Generosity towards others strengthens the entire movement.
— David Bailey🇵🇷 $2.0mm/btc is the floor (@DavidFBailey) March 5, 2026
One user pointed out that Bitcoin is meant to function as a peer-to-peer digital cash system, not as art, NFTs, or any creative experiment, just money.
Bitcoin miners sell holdings to fund AI expansion
For years, the largest Bitcoin miners accumulated coins as a treasury strategy, viewing scarcity as a competitive advantage. Now, companies controlling more than $8 billion in Bitcoin are quietly liquidating portions of their reserves.
At the same time, investors like Leopold Aschenbrenner are repositioning these high-density crypto-mining facilities to serve the AI compute economy. Aschenbrenner’s hedge fund, Situational Awareness LP, sees the value in repurposing Bitcoin mining operations, not for holding or generating cryptocurrency, but as critical infrastructure for AI workloads.
In line with this trend, MARA Holdings is reviewing potential sales of nearly $4 billion in Bitcoin, while Bitdeer Technologies has fully divested its holdings. CleanSpark and Riot Platforms have reshuffled leadership to accelerate AI-focused transitions. Analysts note that these moves reflect the growing attractiveness of AI computing revenue, which is less volatile than cryptocurrency mining returns and can be monetized through contracts with large-scale enterprise clients.
Investor response and market impact
The shift has contributed to Bitcoin’s decline of over 40 per cent from its October 2025 all-time high of around $126,000, though recent market rebounds have partially offset losses. MARA clarified that while its filings allow sales, the company does not plan to liquidate most of its holdings.
Meanwhile, Bitcoin surged to a one-month high on Wednesday, March 4, 2026, reaching the $71,000 mark as bulls prepare for a final push toward the psychological resistance of $72,000.
Enjoyed this piece? Bookmark DeFi Planet, explore related topics, and follow us on Twitter, LinkedIn, Facebook, Instagram, Threads and CoinMarketCap Community for seamless access to high-quality industry insights.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
