CryptoBearishThe Block · 3h ago6/10
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MARA Q1 revenue drops 18%, says bitcoin mining remains ‘operational foundation’
Marathon Digital Holdings reported an 18% Q1 revenue decline while maintaining bitcoin mining as its core business strategy. The company sold approximately $1.5 billion in bitcoin during the quarter to retire debt and strengthen its liquidity position, signaling a shift toward financial stability over aggressive asset accumulation.
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