MARA Holdings sees 64% growth, posts record $238.5M in Q2 revenue!
Main Idea
MARA Holdings reported a record-breaking Q2 2025 performance with a 64% year-over-year revenue increase to $238.5 million, driven by strong Bitcoin holdings and operational efficiency, leading to a 7.5% after-hours stock surge.
Key Points
1. MARA Holdings' Q2 revenue reached an all-time high of $238.5 million, a 64% year-over-year increase, with adjusted EBITDA soaring to $1.2 billion.
2. The company's stock surged 7.5% in after-hours trading, reversing an earlier intraday loss, reflecting strong investor response to its performance.
3. MARA expanded its Bitcoin holdings to 49,951 BTC, a 170% year-over-year increase, and produced 2,358 BTC during the quarter, a 15% rise.
4. Operational improvements included an 82% surge in hashrate to 57.4 EH/s and enhanced fleet efficiency to 18.3 J/TH, with 31% of BTC activated through asset management strategies.
5. MARA's expansion strategy includes high-impact partnerships with Pado AI, TAE Power, and Two Prime, focusing on scalable, AI-driven infrastructure and Bitcoin treasury management.
Description
MARA posts strongest quarter ever, triggering a 7.5% after-hours surge and renewed investor confidence.
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