MARA Posts $1,7B Quarterly Loss as Bitcoin Slump Dents Miner Results
Bitcoin miner MARA reported a quarterly net loss of $1.7B, citing a slump in bitcoin that weighed on revenue and valuations. The number is eye-catching because it reinforces how quickly miner P&Ls can swing when BTC price dynamics drive both operating conditions and accounting marks. For the sector, it also reopens the familiar question of […]