MARA posts $1.7B net loss for Q4 amid BTC price slump

Bitcoin mining firm MARA Holdings (MARA), formerly Marathon Digital, reported a net loss of $1.71 billion for the fourth quarter of 2025, a sharp downturn driven by the slump in Bitcoin's price, Cointelegraph reported. The primary cause was a $1.5 billion impairment charge on its asset holdings. A decrease in mining output and lower revenue also contributed to the results. This contrasts with the fourth quarter of 2024, when the company recorded a net profit of $528 million. For the full year 2025, MARA's net loss totaled $1.31 billion, shifting from a $541 million net profit the previous year.