Bitcoin mining company MARA's adjusted EBITDA surged over 1000% in the second quarter, with its holdings rising 170% year-on-year.

[Bitcoin mining company MARA's adjusted EBITDA skyrocketed over 1000% in the second quarter, holding coin amount rose 170% year-on-year] Bitcoin miner MARA announced its Q2 2025 financial report, achieving an adjusted EBITDA that surged 1093% year-on-year, reaching $1.2 billion, setting a historical quarterly record. During the same period, the company's revenue reached $808 million, returning to profitability, compared to a loss of nearly $200 million in the same period last year. MARA holds nearly 50,000 Bitcoins, representing a year-on-year growth of 170%. The company emphasizes that the vast majority of its Bitcoins are obtained through mining, unlike mining companies that primarily rely on purchasing coins. As one of the largest Bitcoin mining companies in the world, MARA recently raised approximately $940 million to continue expanding its mining machines and coin holdings. Data shows that the rising demand for digital assets and the new highs in Bitcoin prices have significantly improved the performance of mining companies.