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MARA posts $611M loss in Q2 2026 due to Bitcoin price drop despite record mining output

Market News
07 Aug 2026
Blockonomi
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Bearish
MARA posts $611M loss in Q2 2026 due to Bitcoin price drop despite record mining output

MARA reported a net loss of $611.3 million in Q2 2026, reversing a $808.2 million profit from the previous year, mainly due to a 28% drop in Bitcoin prices despite mining a record 2,422 Bitcoins. The company holds 35,577 Bitcoins valued at $2.1 billion, making it the fourth-largest public Bitcoin holder. MARA is expanding into AI and data center infrastructure, acquiring new sites in Texas and Ohio to support AI and mining operations, while continuing to rely on Bitcoin mining to fund its growth. Updates on lease signings and site developments are expected by year-end.

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