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MARA reported a net loss of $1.3 billion in Q1, selling 20.8k bitcoins at an average price of $70,137 per bitcoin at a low point.
Mars Finance News, on May 12, according to official sources, MARA announced its Q1 2026 financial and operational data, with a net loss of $1.3 billion (diluted loss per share of $3.31). The same period last year saw a net loss of $533.4 million, primarily due to a $1 billion loss from changes in the fair value of digital assets. During the quarter, 2,247 BTC were produced at an average cost of $76,288; 20,880 BTC were sold at an average price of $70,137. Additionally, MARA stated it will continue to advance its evolution into a leading digital infrastructure company, aiming to convert energy into high-value computing capabilities in AI, HPC, critical IT workloads, and Bitcoin mining.