MARA’s third quarter profit of 123 million USD, accompanied by a 92% revenue increase, indicates recovery and operational improvements. This contrasts sharply with a 125 million USD loss last year as the price of Bitcoin surged.
The company mined 2,144 Bitcoins, bringing its total holdings to 53,250 Bitcoins valued at approximately 5.6 billion USD. MARA aims to enhance its hashrate to 75 EH/s by year’s end, marking a 25% improvement.
Leave a Reply