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Marathon Digital Swings to $123 Million Profit Amid Bitcoin Miner's AI-Pivot
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Marathon Digital Swings to $123 Million Profit Amid Bitcoin Miner's AI-Pivot
Marathon Digital Holdings (Nasdaq: MARA) reported third-quarter 2025 net income of $123.1 million, or $0.27 per diluted share, dramatically exceeding analyst expectations of a $0.10 loss as the Bitcoin miner expands beyond its core business into AI infrastructure.The company generated revenue of $252.4 million, up 92% year-over-year and slightly above the $251.76 million consensus estimate. The results mark a sharp reversal from the $124.8 milli…
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