Mining company MARA's Q1 revenue increased by 30%, with Bitcoin holdings soaring to 47531

According to the company's financial report, MARA Holdings' Q1 2025 revenue reached $214 million, a year-on-year increase of 30%; Bitcoin holdings reached 47531, an increase of 174% compared to the same period last year, with a current valuation of approximately $3.9 billion. Despite revenue growth, the company still recorded a net loss of $533 million, mainly due to asset book losses caused by the decline in Bitcoin prices at the end of the quarter. The company emphasizes that it will continue to promote the transformation of vertically integrated energy and computing infrastructure.