{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-040005","form_type":"8-K","ticker":"MARA","cik":"0001507605","company_name":"MARA Holdings, Inc.","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.306810+00:00","generated_at":"2026-06-08T06:37:48.070004+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Marathon Digital Q3 net income $64.1M; revenue up 670% to $97.8M; bitcoin production 3,490 BTC (+467%)","bullets":["Net income of $64.1M ($0.35 diluted EPS) vs net loss of $72.5M in Q3 2022; adjusted EBITDA $43.7M vs -$6.1M.","Revenue $97.8M (vs $12.7M YoY) driven by 467% BTC production increase and 32% higher avg BTC price.","Energized hash rate rose 8% QoQ to 19.1 EH/s; guidance for ~26 EH/s by year-end 2023 and ~30% growth in 2024.","$417M note exchange cut long-term debt 56%; combined cash+BTC exceeded total debt for first time in two years.","Digital asset gains $31.7M (sold 66% of BTC mined) partially offset by $11.9M impairment; $82.6M gain on debt extinguishment."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-040005","json":"https://secwatch.observer/filing/0001493152-23-040005.json","markdown":"https://secwatch.observer/filing/0001493152-23-040005.md","text":"https://secwatch.observer/filing/0001493152-23-040005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1507605/000149315223040005/0001493152-23-040005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1507605/000149315223040005/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T06:37:48.070004+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2babf4c7a967bdebce2fb178349796587191fd0d","claim":"MARA Holdings, Inc. reported third quarter ended September 30, 2023 results: revenue $97.8 million, net income $64.1 million, EPS $0.35 per diluted share.","evidence_excerpt":"The Company recorded net income of $64.1 million, or $0.35 per diluted share, during the three months ended September 30, 2023, compared to a net loss of $72.5 million, or $0.62 loss per share, in the same period last year. Revenues were $97.8 million for the quarter, significantly above third quarter 2022 revenues of $12.7 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1507605/000149315223040005/0001493152-23-040005-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$97.8 million"},{"label":"Net income","value":"$64.1 million"},{"label":"EPS","value":"$0.35 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}