AI ร CryptoNeutralThe Block ยท Feb 267/108
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MARA swings to $1.7 billion Q4 loss on bitcoin markdown, shares jump 15% after Starwood AI deal
MARA reported a $1.7 billion Q4 loss primarily due to bitcoin markdown from price declines, but shares surged 15% following announcement of a Starwood AI deal. The company is pivoting toward AI-driven revenue streams to diversify beyond traditional bitcoin mining operations.
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