Sentiment: Negative
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MARA Stock Drops 5% After $611 Million Q2 Loss and Bitcoin Holdings Decline
By Trader Edge at 2026-10-04 11:03
Sentiment: Negative
TLDR MARA posted a Q2 net loss of $611.3 million, reversing an $808.2 million profit from a year ago. Revenue dropped 27% year over year to $174.9 million. Bitcoin holdings fell 29% to 35,577 BTC, largely due to sales earlier in 2026. MARA pledged 18,750 BTC to unlock $600 million in new borrowing capacity. The [...] The post MARA Stock Drops 5% After $611 Million Q2 Loss and Bitcoin Holdings Decline appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central