Bitcoin miner MARA reports $1.3 billion net loss for Q1; Alphabet to issue yen-denominated bonds for AI spending

KuCoinFlash

Release Time: 05/12/2026 02:53:39

BTC

$76,766.40-0.55%

Summary

Bitcoin news emerged as MARA, a Bitcoin miner, reported a $1.3 billion net loss in Q1 despite $174.6 million in revenue. Alphabet plans to issue yen-denominated bonds to fund AI investments. Altcoins to watch may experience shifts as major players adjust their strategies.

ME News report, May 12 (UTC+8): German company Singularity Express highlights:

• Institutional News: Bitcoin mining company MARA released its first-quarter financial report, reporting revenue of $174.6 million but a net loss of $1.3 billion.

• Big Tech Move: Alphabet, Google's parent company, plans to issue yen-denominated bonds for the first time to raise funds to support its substantial AI-related expenditures.

• Large transfer: The Ondo project team's multisig address recently transferred 150 million ONDO, with a total value of approximately $63.88 million.

• Macro Alert: U.S. stocks, including the S&P 500 and Nasdaq, continued to hit new all-time closing highs yesterday; the entire market is now focused on the U.S. April CPI data to be released at 20:30 tonight.

• Active sectors: GTC (+72.82%) and OSMO (+44.38%) led the token price gains; the DePIN sector showed strong activity (+1.30%), and the U.S. broadcast industry rose 5.76%.(Source: Desun)

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