{"id":91804,"date":"2026-05-12T17:46:31","date_gmt":"2026-05-12T17:46:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=91804"},"modified":"2026-05-12T17:46:31","modified_gmt":"2026-05-12T17:46:31","slug":"why-is-marathon-digital-stock-trading-lower-today","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=91804","title":{"rendered":"Why Is Marathon Digital Stock Trading Lower Today?"},"content":{"rendered":"<div>\n<p><strong>MARA Digital Inc<\/strong>\u00a0<a href=\"https:\/\/www.benzinga.com\/quote\/MARA\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"MARA\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/MARA\">MARA<\/a>) shares are trading lower after the company reported worse-than-expected <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/pressreleases\/26\/05\/g52467752\/mara-announces-first-quarter-2026-results\" rel=\"noreferrer noopener\">first-quarter sales results<\/a>.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Earnings Snapshot<\/strong><\/h2>\n<p>Revenue fell 18% year over year (Y\/Y) to $174.6 million, missing\u00a0<a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/quote\/MARA\/earnings\" rel=\"noreferrer noopener\">analyst estimates<\/a> of\u00a0$179.15 million, according to\u00a0<a target=\"_blank\" href=\"http:\/\/pro.benzinga.com\/\" rel=\"noreferrer noopener\">Benzinga Pro<\/a>.<\/p>\n<p>The decline was mainly driven by an 18% drop in average Bitcoin prices, which reduced revenue by about $33.1 million. Lower production contributed another $2.5 million decline, while a $3.7 million decrease in other revenue reflected reduced digital asset and hosting income compared to the prior year.<\/p>\n<p>The company produced 2,247 BTC at an average price of $76,288 and sold 20,880 BTC at $70,137. Total blocks won declined slightly to 653.<\/p>\n<p>The company reported a record energized hashrate of 72.2 EH\/s, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/large-cap\/26\/05\/52499607\/why-is-marathon-digital-stock-trading-lower-today?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Why\" is marathon digital stock trading lower today>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MARA Digital Inc\u00a0(NASDAQ:MARA) shares are trading lower after the company reported worse-than-expected first-quarter sales results. Earnings Snapshot Revenue fell 18% year over year (Y\/Y) to $174.6 million, missing\u00a0analyst estimates of\u00a0$179.15 million, according to\u00a0Benzinga Pro. The decline was mainly driven by an 18% drop in average Bitcoin prices, which reduced revenue by about $33.1 million. Lower [&hellip;]<\/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-91804","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\/91804","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=91804"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/91804\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}