---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-029930"
form_type: "8-K"
ticker: "MARA"
cik: "0001507605"
company_name: "MARA Holdings, Inc."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:47:30.636033+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MARA Q2 revenue up 78% to $145.1M but net loss widens to $199.7M on $148M digital asset write-down

## Summary
- Revenue $145.1M (+78% YoY); net loss $199.7M ($0.72/share) vs $9.0M loss a year ago.
- Adjusted EBITDA loss of $85.1M vs gain of $35.8M; driven by $148.0M fair value loss on digital assets.
- BTC production 2,058 (down 30% YoY) due to halving, equipment failures, and higher global hash rate.
- Energized hash rate 31.5 EH/s (+78% YoY); targeting 50 EH/s by end of 2024.
- Held 18,488 BTC at quarter-end; purchased $100M BTC post-quarter; now over 20,000 BTC; full HODL adopted.

## SEC filing metadata
- accession: 0001493152-24-029930
- form_type: 8-K
- ticker: MARA
- cik: 0001507605
- company_name: MARA Holdings, Inc.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507605/000149315224029930/0001493152-24-029930-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507605/000149315224029930/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-029930
- JSON: https://secwatch.observer/filing/0001493152-24-029930.json
- Plain text: https://secwatch.observer/filing/0001493152-24-029930.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
