#binance #hype #zec #near
30/07/25 03:33 UTC-04

MARA miner’s shares surged following a positive Q2 earnings report

Mining Mining
Mining MARA miner’s shares surged following a positive Q2 earnings report
  • MARA published its Q2 report.
  • The company reported growth in revenue, profit, and hashrate.
  • Shares rose 5% in premarket trading.

MARA (formerly Marathon Digital) released its financial report for Q2 2025. The company’s revenue increased by 64% compared to the same period last year.

Net profit reached $808.2 million — a 505% increase over Q2 2024, when the company posted a net loss of $199.7 million.

Adjusted earnings before taxes (EBITDA) reached $1.2 billion — up 1093% from the previous period. The amount of Bitcoin under the company’s control also grew, reaching 49,951 BTC.

The company's hashrate increased by 6% to 57.4 EH/s. By the end of 2025, MARA plans to raise this figure to 75 EH/s.

“Our vertically integrated data centers, significant treasury holdings in Bitcoin, promising international energy partnerships, and early investments in AI infrastructure each contribute uniquely and measurably,” commented MARA CEO Fred Thiel on the quarter’s results.

The report emphasizes that the company’s financial growth was primarily driven by the surge in Bitcoin prices. At the same time, MARA’s revenue significantly exceeded analysts’ expectations, which had a positive impact on the company’s stock.

In premarket trading, MARA shares rose by 5%, surpassing the $17.65 mark, before partially pulling back.

It’s worth noting that MARA is the second-largest public holder of Bitcoin. Additionally, the company actively manages its BTC portfolio: about 31% of its Bitcoin reserves are used as collateral for loans.

See also: "Bitcoin Mining Difficulty Surpasses 127 T for the First Time"

#Profit #Mining #Report

Editor: Jerg Wos
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