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MARA Announces First Quarter 2025 Results
MarathonMarathon(US:MARA) Globenewswireยท2025-05-08 20:05

Financial Performance - Revenues increased 30% year-over-year to $214 million [1] - Bitcoin holdings increased 174% year-over-year to 47,531 from 17,320 at the end of Q1 2024 [1] Company Overview - MARA Holdings, Inc. is a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin mining, to monetize excess energy and optimize power management [4] - The company focuses on strategically growing by shifting its model toward low-cost energy with more efficient capital deployment and bringing to market a full suite of solutions for data centers and edge inference, including energy management, load balancing, and advanced cooling [4] Investor Engagement - Investors are invited to access the first quarter 2025 shareholder letter on MARA's website and a copy will be furnished to the Securities and Exchange Commission on a Form 8-K [2] - MARA will hold a webcast and conference call to discuss these financial results [2][3]