MARA Holdings has reported a remarkable 64% year-over-year increase in Q2 2025 revenue, reaching $238 million, fueled by the surge in Bitcoin’s value and expansion of its mining operations. This surpasses Q1’s $214 million and the previous year’s Q2 total of $145 million.
Strategic Growth and BTC Holdings Drive Profit Explosion
Moreover, the revenue figure beat analyst expectations by a wide margin, exceeding estimates by around $223.7 million. More notably, MARA’s net income skyrocketed by 505%, climbing to $808 million from a loss of nearly $200 million in Q2 2024. A major driver of this gain was a $1.2 billion unrealized profit due to Bitcoin’s 31% rise during the quarter ending June 30.
After-hours trading reflected investor optimism, with MARA shares jumping 7.5% to $17.82 before settling at $17.22. The stock has remained mostly flat in 2025 but is still up 58% since mid-April, despite closing down 3.2% at $16.61 in the latest session.
In terms of operational performance, MARA mined 2,358 BTC in Q2—up 3% from the previous quarter. Its hashrate also climbed by 6%, from 54.3 EH/s in Q1 to 57.4 EH/s. The company now holds over 50,000 BTC, which it says “solidifies our position as the second-largest corporate public holder of Bitcoin,” trailing only MicroStrategy (external link).
Strategic alliances have also played a significant role in MARA’s trajectory. The firm entered into partnerships with LG-backed PADO AI and Google-backed TAE Power Solutions to develop grid-responsive load-balancing systems for next-generation AI infrastructure. These collaborations underline MARA’s commitment to sustainable energy use and innovation in artificial intelligence.
CEO Fred Thiel emphasized that MARA’s vertically integrated mining operations, large Bitcoin treasury, and investments in AI and energy infrastructure create “unique and quantifiable value.” The company aims to achieve a total energized hashrate of 75 EH/s by the end of the year.
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Source: https://thenewscrypto.com/mara-holdings-revenue-soars-64-in-q2-amid-bitcoin-surge/