MARA Reports $611M Loss While Miners Deposit 581 BTC to NYDIG

MARA Holdings reported a $611 million net loss in Q2, with its bitcoin treasury shrinking 29% year-over-year to 35,577 BTC. The same week, MARA and rival Riot Platforms deposited a combined 581 BTC to custodian NYDIG, highlighting ongoing financial challenges for the largest publicly traded bitcoin miner.