Mining Company MARA to Partner with Datt Capital to Develop AI Data Center, Stock Price Surges Over 16% After Hours

By: theblockbeats.news|2026/02/27 01:02:11
0
Share
copy

BlockBeats News, February 27th, according to The Block, the stock price of Bitcoin mining firm MARA rose over 16% in Thursday's after-hours trading. Earlier, the company reported a net loss of $1.7 billion in Q4 2025 and announced a joint venture with Starwood Capital to build an AI-focused data center.

In Q4 2025, MARA's revenue decreased by 6% year-on-year to $202.3 million, down from $214.4 million in the same period last year. The company incurred a $1.7 billion loss in the fourth quarter, while it had a net profit of $528.3 million in the same period last year. This significant change was mainly due to a ~30% drop in Bitcoin's price during the quarter, resulting in a $1.5 billion negative change in the fair value of digital assets. The adjusted EBITDA totaled a negative $1.49 billion, compared to a positive $796 million in the same period last year.

You may also like

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by

As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat

Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com