Lates News

US stock bitcoin mining company MARA announced that it will lay off about 15% of its full-time employees and some contract workers across multiple departments as part of its strategic transformation from a pure bitcoin mining company to an energy and digital infrastructure company. MARA completed the acquisition of a majority stake in France's national energy company EDF subsidiary Exaion in February this year, officially entering the fields of AI and high-performance computing, and reached an agreement with data center developer Starwood to convert about 1 GW of mining infrastructure for AI workloads. MARA recently sold over 15,133 BTC (about $1.1 billion) to repay $1 billion convertible bonds with a full-year net loss of $1.3 billion in 2025 and an adjusted EBITDA of -$330.8 million. According to Bitget market data, MARA defied the trend and rose by 8.33% with a share price of $8.17.