MARA Shares Fall After Q1 Revenue Miss and $1.3B Loss on Bitcoin Treasury

MARA shares fell after hours after the Bitcoin miner reported first-quarter revenue of $174.6 million and a $1.3 billion loss. Revenue missed Wall Street estimates of $192.7 million. MARA said unrealized losses on its 38,689 Bitcoin treasury were a major driver of the quarter’s result.

MARA0.07%
ON-10.99%
BTC-1.6%
MAJOR-2.73%
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