Sentiment: Negative
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MARA Stock Falls After $1.3B Q1 Loss as AI Pivot Accelerates
By Kelvin Munene at 2026-05-12 05:11
Sentiment: Negative
TLDR MARA reported Q1 revenue of $174.6M, down 18% from $213.9M a year earlier. The company posted a $1.3B net loss, mainly tied to unrealized losses on Bitcoin holdings. MARA sold over 15,100 BTC worth about $1.1B to retire debt and improve liquidity. MARA mined 2,247 BTC in Q1, up from 2,011 BTC in the [...] The post MARA Stock Falls After $1.3B Q1 Loss as AI Pivot Accelerates appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks #MARA Holdings
Source Coin Central