Mara (MARA) Q2 Profit Surges 64%

Mara (NASDAQ:MARA), a bitcoin mining and digital infrastructure operator, released its second-quarter results on July 29, 2025. The headline was a dramatic turnaround in profitability, as Mara reported GAAP earnings per share of $1.84, compared to analyst expectations of a ($0.07) loss, and revenue (GAAP) hit $238.5 million, surpassing estimates and climbing 64% from the prior year. These results were fueled by a sharp rise in bitcoin prices, expanded operational scale, and large mark-to-market gains on digital asset holdings. Compared to last year, Mara’s results swung from deep losses to significant profit. The quarter showed record growth but also highlighted continued volatility and increased spending in areas like administration and research. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Mara operates one of the world’s largest bitcoin mining fleets, generating digital assets by validating transactions on the bitcoin network. Its business relies on having access to large quantities of low-cost electricity and advanced computer hardware known as mining rigs. Mara’s strategy centers on building vertically integrated infrastructure, meaning it owns much of the energy and technology used for its operations, possibly increasing efficiency and stability.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool