{"id":39447,"date":"2025-07-29T23:32:57","date_gmt":"2025-07-29T23:32:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39447"},"modified":"2025-07-29T23:32:57","modified_gmt":"2025-07-29T23:32:57","slug":"mara-shares-jump-as-q2-revenue-beats-wall-streets-expectations-thanks-to-surging-btc-price","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39447","title":{"rendered":"MARA Shares Jump as Q2 Revenue Beats Wall Street’s Expectations Thanks to Surging BTC Price"},"content":{"rendered":"
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Bitcoin miner MARA Holdings (MARA) shares jumped nearly 4% in post-market trading after the company posted record revenue for its second quarter, beating Wall Street’s expectations. <\/p>\n

MARA reported revenue of $238.5 million, a 64% rise from $145.1 million in the same quarter a year ago, according to an earnings presentation<\/a>. The mining firm said the increase was primarily due to a 50% rise in the average bitcoin price during the quarter. MARA’s revenue also beat the average analyst estimate of $227.9 million, according to the FactSet data. <\/p>\n

The company mined 2,358 bitcoin in the quarter, a 3% increase from the previous quarter. Energized hashrate or mining machines that are currently online rose by 6% to 57.4 EH\/s. MARA is aiming to reach 75 EH\/s by the end of this year. <\/p>\n

The miner, which started buying bitcoin in the open market, currently has nearly 50,000 BTC on its balance sheet, making it the second-largest publicly traded company, after Strategy (MSTR), to hold bitcoin in its treasury. At the current spot price of $117,618, the holdings would be worth almost $6 billion. <\/p>\n

However, unlike many other bitcoin treasury companies, the firm said that it doesn’t just hold BTC on its balance sheet; rather, it actively manages them. It has about 31% or 15,550 bitcoin loaned, actively managed or pledged as collateral as part of its treasury management. <\/p>\n

“We are more than a bitcoin treasury company,” MARA said in the letter. “And because we are operators, not just holders, we view bitcoin as a productive asset. We actively deploy portions of our holdings to enhance returns and strengthen our long-term capital position,” it added. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin miner MARA Holdings (MARA) shares jumped nearly 4% in post-market trading after the company posted record revenue for its second quarter, beating Wall Street’s expectations. MARA reported revenue of $238.5 million, a 64% rise from $145.1 million in the same quarter a year ago, according to an earnings presentation. The mining firm said the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39447","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39447"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39447\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}