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Wu Shuo learns that Bitcoin mining company MARA announced preliminary unaudited results for the first quarter of 2026: quarterly revenue of $174.6 million, down 18% year-over-year; net loss of approximately $1.3 billion, mainly affected by fair value adjustments of Bitcoin assets. By the end of the quarter, the company held 35,303 Bitcoin. Meanwhile, MARA stated that it is advancing its energy and data infrastructure deployment, including the previously announced acquisition of Long Ridge Energy, and continues to expand its AI and high-performance computing (HPC) related businesses.