MARA Holdings reported Q1 2026 loss of $3.31 per share, net loss $1.3 bn, missing consensus estimates.
Revenue fell to $174.6 mn versus $181.86 mn forecast, driven by an 18% drop in average Bitcoin price.
Produced 2,247 BTC at $76,288 average, sold 20,880 BTC at $70,137 average; hashrate rose 33% YoY to 72.2 EH/s.
Marathon announced definitive agreement to acquire Long Ridge Energy & Power 505 MW campus, cash‑flow expected in H2 2026.