Treasury watchlist, NASDAQ

MARA Holdings MARA

Bitcoin miner holding a substantial self-mined treasury.

Reads on MARA Holdings

2026-08-07
MARA Holdings Q2 2026 Earnings: Revenue Falls 27% to $175M, $611M Net Loss
MARA Holdings posted a $611 million Q2 net loss on a $343 million Bitcoin markdown, with revenue down 27% to $175 million, but mining output and hashrate rose, and the drop was already priced in.
2026-07-26
MARA's real asset is power, not the Bitcoin on its balance sheet
MARA sold Bitcoin to cut convertible debt by about 30% and is repositioning around more than 4 GW of power capacity for AI: treating its BTC reserve as cash management rather than the business model.
2026-07-24
The listed miners' pivot to AI, in numbers, and what it does to Bitcoin
Listed Bitcoin miners sold more BTC in Q1 2026 than in all of 2025, much of it to fund a move into AI and HPC. Signal21 reads the scale of the shift, what it means for network security, and for MARA.
2026-07-23
MARA's Exaion acquisition adds an AI/HPC path beyond Bitcoin mining
MARA's controlling stake in Exaion adds secure cloud and AI/HPC expertise to an established Bitcoin-mining and energy-infrastructure platform.