TechFlow News, February 27: According to The Block, MARA Holdings reported a net loss of $1.7 billion for the fourth quarter, primarily driven by a $1.5 billion negative change in the fair value of its digital assets due to the decline in Bitcoin’s price. Concurrently, MARA announced a joint venture with Starwood Capital Group to build AI-focused data centers; following this announcement, its stock rose over 15% in after-hours trading.
MARA’s Q4 revenue totaled $202.3 million, down 6% year-on-year. Although its energy-based hash rate increased 25% year-on-year to 66.4 EH/s, the company mined only 2,011 Bitcoins during the quarter—down from 2,144 in Q3—and earned 595 blocks, a 15% decline year-on-year. As of year-end, MARA held 53,822 Bitcoins, valued at approximately $4.7 billion, with roughly 28% lent out or staked; these holdings generated $32.1 million in interest income in 2025.
