4 days ago

MARA Set to Post Q1 Loss as AI Strategy Gains Focus

TLDR MARA is expected to report a first-quarter loss on revenue of $184.21 million and earnings per share of $2.34. Bitcoin prices fell about 25% during the quarter, which pressured MARA’s digital asset holdings and earnings. The company sold 15,133 BTC for about $1.1 billion to strengthen liquidity and repurchase $1.0 billion in convertible notes. [...]

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Source: Blockonomi →