TechFlow reports that on February 27, MARA released its fiscal Q4 2025 financial results, with revenue declining 6% year-on-year to $202.3 million and a net loss of $1.7 billion, primarily driven by the decline in Bitcoin’s price. The company also announced a strategic partnership with Starwood Digital Ventures to develop AI and high-performance computing infrastructure. As of the end of 2025, MARA held 53,822 bitcoins (valued at approximately $4.7 billion), and its energy-based hash rate grew 25% year-on-year to 66.4 EH/s. The company stated it will continue transitioning from a pure Bitcoin mining business into an energy and digital infrastructure company, with plans to expand operations globally.
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