According to PANews, MARA Holdings' revenue in Q1 2025 reached $214 million, a year-on-year increase of 30%. Bitcoin holdings reached 47,531 coins, a 174% increase compared to the same period last year, with an estimated valuation of $3.9 billion.
Despite revenue growth, the company still recorded a net loss of $533 million, mainly due to a decline in the price of Bitcoin at the end of the quarter leading to asset book losses. The company emphasizes that it will continue to promote the vertical integration of energy and computing power infrastructure transformation.
