Mara (MARA) Q2 Profit Surges 64%

Mara (MARA -0.36%), a bitcoin mining and digital infrastructure operator, released its second-quarter results on July 29, 2025. The headline was a dramatic turnaround in profitability, as Mara reported GAAP earnings per share of $1.84, compared to analyst expectations of a ($0.07) loss, and revenue (GAAP) hit $238.5 million, surpassing estimates and climbing 64% from the prior year. These results were fueled by a sharp rise in bitcoin prices, expanded operational scale, and large mark-to-market gains on dig ...