MARA Bitcoin Reserves Drop 29% YoY as Q2 Revenue Slumps to $175 Million
The largest publicly traded Bitcoin miner posted a $611 million net loss and negative $361 million adjusted EBITDA for Q2 2026. Marathon Digital Holdings reported a 29% year-over-year decline in Bitcoin holdings to 35,577 BTC in Q2 2026, alongside a 27% revenue drop to $17