Bitcoin mining company MARA's adjusted EBITDA surged by over 1000% in the second quarter, with holdings increasing by 170% year-on-year

According to Golden Finance, Bitcoin miner MARA announced its Q2 2025 financial report, achieving a year-on-year surge of 1093% in adjusted EBITDA, reaching $1.2 billion, a historic quarterly high. During the same period, the company's revenue reached $808 million, turning losses into profits, compared to a loss of nearly $200 million in the same period last year. MARA holds nearly 50000 bitcoins, a year-on-year increase of 170%. The company emphasizes that the vast majority of its Bitcoin is obtained through mining, distinguishing it from mining companies that primarily rely on buying coins. As one of the world's largest Bitcoin mining companies, MARA recently raised approximately $940 million to continue expanding its mining machines and coin holdings. Data shows that the rising demand for digital assets and the record high price of Bitcoin have significantly improved the performance of mining companies.