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Why Mara Holdings Stock Slumped by 5% Today

TheMotleyFool

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Why Mara Holdings Stock Slumped by 5% TodayPhoto, wide shot, wide-angle lens, Gold mine, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/94faf2bd-99c1-4ea6-b55d-fdcab23c3865.png

Mara Holdings (NASDAQ: MARA), one of a clutch of cryptocurrency mining businesses pushing deeper into data center operations, picked the wrong Tuesday to release its first-quarter earnings. The company missed on both the top and bottom lines, which was compounded by declines in leading coins and tokens.

Those results were made public after market close on Monday. They revealed that Mara Holdings suffered a 18% year-over-year decline in revenue to $174.6 million.

Its net loss under generally accepted accounting principles (GAAP) deepened considerably -- thanks to a significant non-cash write-down of its digital assets -- to $1.3 billion ($3.31 per share), compared with the first quarter 2025's $533 million shortfall.

Source Fool.com

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