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MARA reports Q2 2026 loss of $611M as Bitcoin revenue drops 27% amid AI expansion plans

Market News
07 Aug 2026
Crypto news
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Bearish
MARA reports Q2 2026 loss of $611M as Bitcoin revenue drops 27% amid AI expansion plans

MARA Holdings reported a net loss of $611.3 million in Q2 2026, with revenue falling 27% year-over-year to $174.9 million due to lower Bitcoin prices despite a 3% increase in Bitcoin production. The company sold some Bitcoin to fund operations and pledged more as collateral for new credit facilities supporting its pivot to AI infrastructure, including a planned $1.5 billion acquisition of an Ohio gas plant and computing campus. While mining output improved, higher energy costs and fair-value losses on digital assets pressured results. MARA aims to balance Bitcoin holdings with expanding AI and power capacity, with key upcoming milestones including financing execution and regulatory approvals.

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STYLD. and Mattel launch limited-edition Barbie Christmas collection with playful pink summer designs.

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Law firm investigates Fervo Energy for alleged securities fraud after share price drops.

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Ondo Finance (ONDO) price drops over 13% amid $340K long liquidations on Binance and others

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Worldcoin (WLD) drops 13.34% in 24 hours, hitting $0.4793 amid heavy liquidations.

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