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Bitcoin Miner MARA Revenue Hit Record High in Q3
Yahoo Finance· 2025-11-05 04:13
Publicly traded Bitcoin miner, MARA, recorded the firm’s highest ever quarterly revenue in Q3, generating $252 million, a 92% year-over-year increase.  The firm also generated income of $123 million or $0.27 per share compared to a loss of $124 million at this time last year, while improving its energized hashrate and its Bitcoin mining fleet efficiency. Shares of MARA were down approximately 5.8% today, changing hands at $16.96 as crypto and other asset markets fell.  But in an earnings call, the company h ...
MARA Holdings Reports $252M Q3 Revenue, Pivots to AI Infrastructure
Yahoo Finance· 2025-11-04 23:39
MARA Holdings announced third-quarter 2025 financial results on Nov. 4, reporting revenues of $252.4 million and net income of $123.1 million. The Bitcoin miner also unveiled plans to expand into artificial intelligence infrastructure and energy-integrated data centers. The company mined 2,144 BTC and purchased 2,257 BTC during the quarter, bringing total holdings to 52,850 BTC as of Sept. 30, according to the company’s earnings release. Revenues increased 92% compared to the same period in 2024, when MAR ...