Bitcoin mining company MARA released its second-quarter 2026 financial results. Revenue amounted to $175 million, a 27% year-over-year decline; net loss was $611 million, and adjusted EBITDA was -$361 million. Hashrate increased 22% year-over-year to 70.3 EH/s, while Bitcoin production rose 3% year-over-year to 2,422 BTC. Bitcoin holdings decreased 29% year-over-year to 35,577 BTC. Total cash and Bitcoin value stood at approximately $2.5 billion.
Bitcoin Miner MARA Q2 2026 Earnings: Revenue Down 27%, Net Loss $611M
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Summary
Bitcoin news: MARA reported Q2 2026 earnings with a 27% revenue decline to $175 million and a net loss of $611 million. Adjusted EBITDA was -$361 million. Hashing power increased 22% to 70.3 EH/s, and Bitcoin production rose 3% to 2,422 BTC. Bitcoin holdings decreased 29% to 35,577 BTC, with cash and Bitcoin totaling $2.5 billion. Bitcoin analysis reveals mixed operational and financial performance.
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