• Mara Holdings posted a net loss attributable to common stockholders of USD 1.26 billion for the quarter ended March 31, 2026, widening from the prior-year period loss of USD 533.2 million.
• Revenue fell 18% to USD 174.6 million, driven by a USD 35.6 million drop in bitcoin mining revenue to USD 172.2 million.
• Loss on change in fair value of digital assets widened to USD 714.7 million, while depreciation and amortization climbed 21% to USD 191.6 million.
• Bitcoin mined dipped 2% to 2,247, while energized hashrate rose to 72.2 EH/s from 54.3 EH/s a year earlier.
• Subsequent to quarter end, MARA agreed to buy Long Ridge Energy & Power for a base purchase price of about USD 1.5 billion, expecting the deal to close in the second half of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mara Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001507605-26-000016), on May 11, 2026, and is solely responsible for the information contained therein.