Home CryptocurrencyMara Holdings defeated Q2 expectations with record revenue jump
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Mara Holdings defeated Q2 expectations with record revenue jump

by Hammad khalil
written by Hammad khalil 0 comments

Bitcoin Minor Mara Holdings defeated Enlist experts in their second earnings, who saw its price a little profit after Hars.

The company said on Tuesday that 64% of the year-on-on-e-yar in the revenue of Mara Holdings has increased to $ 238 million, exceeding $ 145 million in 2025 and was growing even with its $ 214 million revenue in the first quarter of 2025.

The firm’s revenue defeated the expectations of an analyst of $ 223.7 million, which was a net income survey to 505% $ 808 million compared to a year ago, with a loss of less than just $ 200 million in Q2 2024.

The benefit of income was largely inspired by an unrealistic benefit of $ 1.2 billion by appreciating bitcoin (BTC) in this period. The assets increased by 31% over a three -month period ended on 30 June.

Mara’s revenue was compared to the previous quarters. Source: Mara holdings

Mara shares get benefits after hours

With the release of its earnings, the shares of the Mara Holdings (MARA) on Tuesday raised 7.5% highness in Hars trading to $ 17.82 to $ 17.22.

Spikes in the post -Stock Stock Business. Source: Google Finance

Mara on Tuesday shut down a turnover of 3.2% at $ 16.61. Its shares have gained 58% serious recession in mid -April, but have traded sideways for most of this year.

Second largest bitcoin treasure

Mara said that shortly after the end of Q2, its bitcoin holdings crossed 50,000 BTC, which was said to “unite our posts as the second-big corporate public holder of bitcoin behind the microstrate”.

In the second quarter, Mara mined 2,358 BTC, which was 2,286 to 3% in the previous quarter. Engrized Hasht of 57.4 exashes per second (Eh/s) increased by 6% from 54.3 EH/S in Q1.

Connected: To increase $ 1b for Mara Bitcoin and operate through loan sales

By the end of June, the firm’s bitcoin holdings rose 170% to 49,951 BTC, priced at $ 5.3 billion. It currently has assets of $ 5.87 billion and is second for strategy, the 607,770 BTC priced at $ 71 billion.

Eyes on AI development

The firm announced a strategic partnership for the next-Canuration AI Infrastructure for the next-canuration AI Infrastructure for the Google-supported Tae Power Solutions and LG-supported Pado AI with co-day-day-west, load-blasting planning plansing plansing.

Mara is targeting 75 EH/s by the end of the year and looks at Glory AI and the data center market.

Fred Theal.

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