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MARA Q1 revenue drops 18%, says bitcoin mining remains ‘operational foundation’

The Block·
MARA Q1 revenue drops 18%, says bitcoin mining remains ‘operational foundation’
AI Analysis

MARA Holdings reported an 18% drop in Q1 revenue but emphasized that bitcoin mining remains a core part of its operations. The company sold approximately $1.5 billion in bitcoin to reduce debt and enhance liquidity.

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MARA Holdingsbitcoin

Originally reported by The Block. Read the full article ↗

MARA Q1 revenue drops 18%, says bitcoin mining remains ‘operational foundation’ | AI Crypto Daily Wire