Odaily Planet Daily reports that Bitcoin mining company Mara Holdings announced its Q3 2025 financial results, with net profit reaching $123 million, a record high for the company. The growth was primarily driven by rising Bitcoin prices and improved operational efficiency, with quarterly revenue increasing by 92% year-over-year to $252 million.

Mara Holdings mined 2,144 bitcoins in the third quarter, turning a profit after a loss of $125 million in the same period last year. The company attributed this to a 64% increase in computing power and a decrease in electricity costs. It currently holds approximately 53,250 bitcoins, with a total value of approximately $5.6 billion at current prices. (The Block)