MARA Announces First Quarter 2026 Financial Results

MARA Holdings Inc., a leading digital infrastructure company, has announced its preliminary unaudited first quarter 2026 financial results in a letter to shareholders. The letter highlights the company's revenue decline compared to the prior year period, which was attributed to the decrease in bitcoin price.

The significant negative mark-to-market change in the fair value of digital assets also impacted the company's financial performance. MARA reported a net loss attributable to common stockholders of $(1,259,619) and an Adjusted EBITDA of $(1,037,727).