MARA Q4 2025 Earnings Report: Net Loss of $1.7 Billion, Announces Partnership with Starwood to Develop AI Business

Odaily News MARA released its fourth quarter 2025 earnings report, with revenue down 6% year-over-year to $202.3 million and a net loss of $1.7 billion, primarily impacted by the decline in Bitcoin price. The company simultaneously announced a strategic partnership with Starwood Digital Ventures to develop AI and high-performance computing infrastructure. As of the end of 2025, MARA held 53,822 Bitcoins (valued at approximately $4.7 billion), with its energy hash rate increasing 25% year-over-year to 66.4 EH/s. The company stated it will continue its transition from a pure Bitcoin mining business to an energy and digital infrastructure company and plans to expand its operations globally.