{"id":639934,"date":"2026-08-07T02:52:47","date_gmt":"2026-08-07T02:52:47","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/08\/07\/mara-swings-to-q2-loss-as-bitcoins-slump-masks-higher-output\/"},"modified":"2026-08-07T02:52:47","modified_gmt":"2026-08-07T02:52:47","slug":"mara-swings-to-q2-loss-as-bitcoins-slump-masks-higher-output","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/07\/mara-swings-to-q2-loss-as-bitcoins-slump-masks-higher-output\/","title":{"rendered":"MARA swings to Q2 loss as Bitcoin\u2019s slump masks higher output"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/miner.jpg\" alt=\"MARA swings to Q2 loss as Bitcoin\u2019s slump masks higher output \" class=\"type:primaryImage\" \/><\/p>\n<p>Bitcoin miner MARA posted its highest quarterly Bitcoin production in over a year, but was overshadowed by a 28% decline in the average price of Bitcoin.<\/p>\n<p>Bitcoin miner MARA swung to a net loss of $611.3 million from a year-earlier profit in the second quarter of 2026, driven primarily by a change in the value of its Bitcoin holdings, despite reporting its highest quarterly Bitcoin production in more than a year.\u00a0<\/p>\n<p>The net loss, equivalent to $1.60 per diluted share, is down compared to a net income of $808.2 million, or $1.84 per diluted share, in the second quarter of 2025, <a href=\"https:\/\/ir.mara.com\/sec-filings\/all-sec-filings\/content\/0001507605-26-000022\/mara-20260630.htm\"><span>according<\/span><\/a> to the company\u2019s 10-Q SEC filing. MARA mined 2,422 Bitcoin in the quarter, 3% more than the prior year period, but higher production was more than offset by a 28% decline in the average Bitcoin price.\u00a0<\/p>\n<p>\u201cTwo things defined Q2 for MARA. Bitcoin prices created a challenging revenue environment [and] we used the quarter to fundamentally transform our power portfolio and capital structure,\u201d said MARA chief financial officer Salman Khan during an earnings call on Thursday.\u00a0\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/markets\/mara-swings-to-q2-loss-as-bitcoins-slump-masks-higher-output\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin miner MARA posted its highest quarterly Bitcoin production in over a year, but was overshadowed by a 28% decline in the average price of Bitcoin. Bitcoin miner MARA swung to a net loss of $611.3 million from a year-earlier profit in the second quarter of 2026, driven primarily by a change in the value [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":639935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-639934","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/639934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=639934"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/639934\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/639935"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=639934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=639934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=639934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}