MARA Holdings announced full-year fiscal 2025 revenue of $907.09 million, up from $656.38 million in the same period last year, but net loss increased from $541.25 million in the prior year period to $1.31 billion. The company is accelerating its transformation toward an artificial intelligence-centered digital infrastructure through new partnerships, which include a collaborative project aimed at building capacity exceeding 2.5 gigawatts, seeking to reduce its revenue reliance on bitcoin price volatility.

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