Bitcoin Miner MARA Posts $611M Loss as Revenue Falls 27%
Share:
MARA Holdings, the largest publicly traded Bitcoin miner, reported a second-quarter 2026 net loss of over $611 million and a 27% year-over-year revenue decline in a shareholder letter dated August 6. Despite increasing computing capacity and mining more BTC than a year ago, its Bitcoin holdings fell nearly a third, widening balance-sheet pressure and signaling downside risk for crypto miners and markets.
Predictions Markets
See what traders are focused on
MARA Holdings, the largest publicly traded Bitcoin miner, reported a net loss of over $611 million for the second quarter of 2026, as revenue fell 27%, the company said in a shareholder letter released August 6.
The quarter shows a widening gap between MARA’s growing computing capacity and the falling value of the Bitcoin on its balance sheet, with holdings down nearly a third even as the company mined more units than a year ago.
Read More
Micro Bitcoin (BTC) Holders Are Vanishing at the Fastest Pace Since December 2024
