[MARA Holdings Reports Q3 Net Profit of $634 Million] MARA Holdings reported a net profit of $634.4 million for the third quarter, compared to $123.1 million in the same period last year; revenue declined 35% year-over-year to $164.2 million. The profit growth was driven by the appreciation of Bitcoin, with MARA Holdings recording a fair value gain of nearly $885 million on its digital assets and Bitcoin receivables. Block reward revenue declined by 37%, dragging down mining revenue. (Source: The Block)