MARATHON DIGITAL LOSES $1.7B! Bitcoin Slump Takes a Nasty Bite!

Well, well, well, looks like Marathon Digital Holdings (MARA) had quite the rollercoaster ride in Q4 2025-except, uh, it wasn’t the fun kind. The company reported a shocking $1.7 billion net loss. That’s a hefty drop from last year’s rather cushy $528 million profit. So, what happened? Oh, just a tiny little thing called a $1.5 billion write-down on Bitcoin. Seems like Bitcoin decided to go on a diet and dropped a solid 30% in value. Talk about a punch in the digital gut!

And if that wasn’t enough to ruin the party, MARA’s revenue slid down the hill like a banana peel-down 6% to $202.3 million. Adjusted EBITDA? Negative $1.49 billion. Yikes. It’s almost as if their entire business model was hinged on crypto doing… well, something other than crumbling like a house of cards. But, they’re still holding on tight to their precious Bitcoin stash-53,822 BTC, to be exact. Oh, and about 28% of that is loaned or pledged. Because when you’re knee-deep in crypto, why not make things even more interesting by mixing in a little bit of risk?

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2026-02-27 14:06