The battle between Bitcoin and AI is not only about energy and computing power, but also about funding. In the same week, Strategy and Trump were buying Bitcoin, while mining companies were selling Bitcoin to acquire AI. 1. MARA sold 13,597 Bitcoins over approximately six weeks after the end of September, at an average price of about $81,039, raising about $1.1 billion, equivalent to 40% of its holdings at the end of the quarter. Of this, $750 million was used to pay off Bitcoin-backed loans. 2. MARA stated in its shareholder letter that it will continue to sell, with the proceeds used for AI infrastructure, convertible bond repurchases next year, and stock buybacks. 3. Hyperscale Data sold its remaining approximately 211 Bitcoins before November 8th, bringing its total sales since July to approximately 1,113. The proceeds will be used to pay off debt and build an AI data center in Michigan, with plans to initially deploy 10 megawatts in December. It seems both companies are facing tight funding. BTC MARA