according to Yahoo Finance, Bitcoin mining company Marathon Digital Holdings Inc (MARA) released its third quarter financial report for the 2025 fiscal year on November 4, with the company turning losses into profits, from a loss of $124.8 million in the same period last year to a net profit of $123.1 million; revenue increased by 92% year-on-year to $252.4 million, below market expectations.

The report stated that Marathon mined 2,144 bitcoins in the third quarter, with a block capture volume increasing by only 5% year-on-year, meaning that 92% of the company's revenue growth was driven almost entirely by an 88% year-on-year increase in the average price of Bitcoin, rather than an increase in mining volume.