Tag
mara
2 articles
MARA Posts $611 Million Q2 Loss as Bitcoin Price Drop Erases Record Output Gains
The miner hit its highest quarterly Bitcoin production in over a year, but a 28 percent drop in average Bitcoin price drove a $611 million net loss.
MARA Sells $1.1B Bitcoin, Cuts 15% Staff Post-Halving
Marathon Digital's significant Bitcoin liquidation and workforce reduction underscores the intensifying pressure on publicly traded miners as post-halving economics mandate aggressive operational efficiency and balance sheet optimization.