MARA Stock Soars After Q2 Earnings Crush Estimates—Fueled by Bitcoin’s Meteoric Rally
Wall Street didn't see this coming. Marathon Digital (MARA) just posted a knockout Q2—riding Bitcoin's bull run to revenue that left analysts scrambling to upgrade their spreadsheets.
The crypto-mining play's stock surged as markets digested the news, proving once again that in this sector, BTC price action trumps all fundamentals. Who needs GAAP when you've got Satoshi's rocket fuel?
While traditional finance clings to its discounted cash flow models, MARA's latest numbers show the brutal efficiency of crypto's simpler calculus: hash rate + BTC price = printer go brrr. The suits will call it speculative—right before quietly adding exposure through their Swiss bank accounts.