MARA Holdings Inc (NASDAQ:MARA) shares are rising in extended trading on Thursday after the company reported fourth-quarter results and announced an agreement to convert facilities into digital infrastructure sites.
- MARA Holdings shares are powering higher. Why is MARA stock up today?
MARA Misses Estimates In Q4
MARA Holdings reported fourth-quarter revenue of $202.3 million, missing analyst estimates of $257.46 million, according to Benzinga Pro. The Bitcoin (CRYPTO: BTC) mining company reported a fourth-quarter loss of $4.52 per share, missing analyst estimates for a loss of 30 cents per share.
MARA said it mined 2,011 Bitcoin in the …