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via The Block · By The Block Editorial

MARA Q1 revenue drops 18%, says bitcoin mining remains 'operational foundation'

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The Block Editorial

(09:14 PM UTC)

1 min read

Reviewed byDavid Kim

1380 views

0 comments

MARA shares fell more than 5% tin after-hours trading on Monday after the firm reported weaker first-quarter revenue while sharing more insight on its expansion into AI and digital infrastructure without abandoning bitcoin mining.

Revenue fell 18% year-over-year to $174.6 million in the first quarter, down from $213.9 million a year earlier, while net losses widened to $1.3 billion. This was…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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