MARA and Hut 8 Post Strong Q3 Results, But Stocks Take a Hit

TLDR MARA Holdings’ revenue increased by 92% to $252 million in Q3 2025. Hut 8’s revenue nearly doubled to $83.5 million with profits of $50.6 million. MARA nearly doubled its Bitcoin reserves to 52,850 BTC from 26,747 BTC last year. Hut 8’s Bitcoin reserves grew by 50% to 13,696 BTC compared to the previous year. [...]

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