{"schema_version":"secwatch.filing_event.v1","accession":"0001507605-25-000026","form_type":"8-K","ticker":"MARA","cik":"0001507605","company_name":"MARA Holdings, Inc.","filed_at":"2025-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.586141+00:00","generated_at":"2026-05-17T00:36:22.878198+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":"MARA Q3 2025 revenues up 92% to $252M, net income of $123M vs loss","bullets":["Revenue rose 92% YoY to $252M; net income swung to $123M from ($125M) loss.","Bitcoin holdings grew 98% YoY to 52,850 from 26,747 at end of Q3 2024.","Company will hold earnings webcast at 9:30 a.m. ET on Nov 4.","Reported as a digital energy and infrastructure company, not a miner."],"urls":{"canonical":"https://secwatch.observer/filing/0001507605-25-000026","json":"https://secwatch.observer/filing/0001507605-25-000026.json","markdown":"https://secwatch.observer/filing/0001507605-25-000026.md","text":"https://secwatch.observer/filing/0001507605-25-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1507605/000150760525000026/0001507605-25-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1507605/000150760525000026/mara-20251104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:36:22.878198+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}