🚀 Bitcoin miner MARA Holdings Inc. hit a speed bump, sliding 9.1% after-hours as Q3 earnings missed the mark. Despite a 34.5% revenue boost to $131.6M, it fell short of the $148.1M target. Operational expenses surged by $40M, leading to a $124.8M net loss. Yet, MARA mined 147 more Bitcoin blocks, boosting its hash rate by 17.1% to nearly 37 EH/s. The company upped its BTC stash by 45% to 26,747 BTC, worth $2.36B. With new Ohio data centers and 372 MW of capacity, MARA's mining power is on the rise. Keep mining, MARA!
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