Bitcoin Miner MARA Revenue Hit Record High in Q3
Yahoo Finance·2025-11-04 20:13
Publicly traded Bitcoin miner, MARA, recorded the firm’s highest ever quarterly revenue in Q3, generating $252 million, a 92% year-over-year increase. The firm also generated income of $123 million or $0.27 per share compared to a loss of $124 million at this time last year, while improving its energized hashrate and its Bitcoin mining fleet efficiency. Shares of MARA were down approximately 5.8% today, changing hands at $16.96 as crypto and other asset markets fell. But in an earnings call, the company h ...