
Bernstein favors CleanSpark on AI execution as MARA awaits first commercial contract
Bernstein rates CleanSpark Outperform at $24 on AI lease progress, while keeping MARA at $17 as it awaits its first commercial AI contract.

Bernstein rates CleanSpark Outperform at $24 on AI lease progress, while keeping MARA at $17 as it awaits its first commercial AI contract.
Bitcoin held its footing, but $65K remained the threshold traders needed to reclaim.

MARA Holdings posted a $611 million net loss in the second quarter as its bitcoin treasury shrank 29% year-over-year to 35,577 BTC. The report landed the same week rival Riot Platforms and MARA itself sent a combined 581 BTC to custodian NYDIG. A Rough Quarter by the Numbers MARA Holdings, the largest publicly traded bitcoin […]

MARA’s Q2 revenue fell 27% to $174.9 million as Bitcoin holdings dropped 29%, despite higher mining output and hashrate.

MARA's strategic shift from HODLing to monetizing Bitcoin reflects a broader trend of companies balancing digital assets with financial stability.
MARA Holdings (MARA) and CleanSpark (CLSK) reported heavy losses on August 6, extending a slump across public Bitcoin (BTC) miners as falling prices triggered large non-cash valuation losses. Both firms leaned on their pivot toward artificial intelligence and data center infrastructure, joining rivals TeraWulf, Core Scientific, and Cipher in betting that compute capacity can offset

Bitcoin miner MARA posted its highest quarterly Bitcoin production in over a year, but was overshadowed by a 28% decline in the average price of Bitcoin.

MARA's net loss widened to $611.3 million, or $1.60 per diluted share, while CleanSpark’s was $239.8 million, or $0.89 per basic share.

Bitcoin transactions of significant amounts from wallets associated with Strategy and MARA have once again brought focus towards corporate treasury activities in the cryptocurrency space. According to the on-chain analytics firm Lookonchain, there was a transaction amounting to 1,030 Bitcoin worth $66.14 million coming from a wallet associated with Strategy
Bitcoin miners are adopting new capital strategies beyond traditional mining and treasury accumulation.

A suspected Strategy-linked wallet moved 1,030 BTC after the company sold 1,638 BTC, while MARA sent 6,000 BTC to Two Prime.

MARA Foundation says its Slipstream service is now open to anyone, with no signup code required, at the same moment thousands of bitcoin holders are racing to move funds off a flawed hardware wallet. MARA Strips Away the Access Codes MARA Holdings, the Nasdaq-listed bitcoin miner and artificial intelligence (AI) infrastructure provider, formerly known as […]

MARA's Slipstream enhances Bitcoin transaction security, potentially reshaping user trust and positioning MARA as a key player in crypto innovation.

Bitcoin's diminished role as a payment method shifts focus to stablecoins and AI, prompting strategic pivots in mining and investment strategies.

MARA CEO Fred Thiel says scarce electricity can produce far higher returns when directed to artificial intelligence than to bitcoin mining. The company still plans to mine bitcoin where low-cost or surplus energy makes the economics attractive. MARA Rethinks Its Power Portfolio as AI Margins Outpace Bitcoin Mining Power, not mining machines, is becoming the […]

The crypto-focused companies announced separate acquisitions as demand for power-intensive AI and digital infrastructure continues to grow.

MARA CEO Fred Thiel says AI data centers generate more revenue per unit of electricity than Bitcoin mining, partnering with Starwood Capital to
Here's how MARA's stock outperformed Bitcoin on YTD.

MARA Holdings has agreed to acquire a large powered land site in Texas, giving it access to up to 2 GW of power capacity by 2028. The company plans to develop the site into a digital infrastructure campus for high-performance computing and flexible workloads, including bitcoin mining. MARA to Acquire 1,200-Acre Texas Campus With 2 […]

The Bitcoin miner's shares climbed about 15% after announcing it's acquiring a Texas site with up to 2 GW of power capacity to expand its AI and digital infrastructure strategy.