Bitcoin Mining Company MARA Q2 Earnings: Revenue Down 27% YoY, Net Loss of $611 Million
Bitcoin mining company MARA released its financial report for the second quarter of 2026. Revenue was $175 million, down 27% year-over-year; net loss was $611 million, and adjusted EBITDA was negative $361 million. Period-end hash rate increased 22% year-over-year to 70.3 EH/s, Bitcoin production increased 3% year-over-year to 2,422 BTC; Bitcoin holdings decreased 29% year-over-year to 35,577 BTC; total value of cash and Bitcoin was approximately $2.5 billion.
