MARA trades lower amid decreased June bitcoin production news, 2025-end hashrate outlook
2025-07-01 12:42:44
Main Idea
MARA Holdings reported a 25% decrease in June bitcoin production compared to May, attributing it to weather-related reduced uptime, and provided a 2025-end hashrate outlook.
Key Points
1. MARA Holdings announced June bitcoin production of 713, down 25% from 950 in May.
2. The decrease was primarily due to reduced uptime caused by weather-related issues.
3. Shares dropped -2.04% pre-market to $15.36.
4. The company provided a 2025-end hashrate outlook.
Description
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