BlockBeats News, May 12th, according to official sources, MARA announced its Q1 2026 financial and operational data. The net loss was $1.3 billion (diluted loss per share of $3.31), compared to a net loss of $533.4 million in the same period last year. The loss was mainly due to a $1 billion loss from the fair value change of digital assets. During the quarter, they mined 2,247 BTC at an average cost of $76,288 and sold 20,880 BTC at an average price of $70,137.

Furthermore, MARA stated that it will continue to advance its evolution into a leading digital infrastructure company, aiming to convert energy into high-value computing power for AI, HPC, key IT workloads, and bitcoin mining.