Bitcoin mining giant MARA Holdings Inc, formerly Marathon Digital, saw its shares drop 9.1% in after-hours trading following a Q3 earnings miss. Despite a 34.5% revenue boost to $131.6 million, it fell short of the $148.1 million forecast. The firm reported a $0.34 per share loss, with operational expenses rising by $40 million, leading to a $124.8 million net loss. MARA mined 147 more Bitcoin blocks, increasing its hash rate by 17.1%. It also boosted its Bitcoin holdings by 45% to 26,747 BTC, valued at $2.36 billion, and invested $100 million to purchase more Bitcoin.
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