Compass Investments MARA reports $1.7 billion Q4 loss, shares rise on AI deal

📌 MARA reports $1.7 billion Q4 loss, shares rise on AI deal – MARA swings to a quarterly loss on bitcoin markdowns but shares jumped after announcing an AI data center partnership.

Marathon Digital (MARA) swung to a $1.7 billion Q4 loss after markdowns on its #BTC holdings, but shares rose after the company announced an AI data center partnership. Ai

$BTC

Marathon Digital (MARA) swung to a $1.7 billion Q4 loss after markdowns on its #BTC holdings, but shares rose after the company announced an AI data center partnership.

Management said the write-downs reflected lower crypto valuations while the AI deal aims to diversify revenue and use excess power capacity. #MARA