MARA Stock Jumps After $1.71B Loss, Firm Pivots To AI

Shares of MARA Holdings climbed 13% in premarket trading Friday, even after the Bitcoin miner reported a $1.71 billion net loss for the fourth quarter, as investors focused on the company’s shift toward artificial intelligence and high-performance computing.

The company posted a net loss of $1.71 billion for Q4 2025, compared with net income of $528.3 million during the same period a year earlier. Revenue for the quarter fell 6% to $202.3 million, according to a filing with the Securities and Exchange Commission, as lower Bitcoin prices offset gains from higher network hash rate.

The largest driver of the quarterly loss was a $1.5 billion negative revaluation of digital assets…

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Ethereum Slides 35% In A Month, But LinkedIn Co-Founder Reid Hoffman Stays Long

Ethereum (CRYPTO: ETH) has fallen roughly 35% over the past month, yet strong on-chain activity and high-profile holders speak to some bullish sentiment remaining..

CryptocurrencyTickerPriceMarket Cap7-Day TrendEthereum(CRYPTO: ETH)$1,960.50$236.7 billion+0.9%Bitcoin(CRYPTO: BTC)$66,115.02$1.32 trillion-1.5%XRP(CRYPTO: XRP)$1.37$84 billion-1.6%

Trader Notes: Altcoin Sherpa said Ethereum could be forming a bottom if selling pressure continues to ease and network activity remains firm.

Historically, Bitcoin tends to lead early in a cycle, with Ethereum outperforming once capital rotates into altcoins.

He added that a sustained risk-on environment and Bitcoin stabilization would be key…

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There Is No Bitcoin Conspiracy, Bitwise’s Matt Hougan Says: ‘Reality Is More Boring’

Bitwise Chief Investment Officer Matt Hougan dismissed conspiracy theories blaming Jane Street and others for Bitcoin’s (CRYPTO: BTC) decline, arguing “a bunch of people who were long Bitcoin sold their Bitcoin exposure” as BTC consolidates between key Fibonacci levels.

The Boring Reality

Hougan on X pushed back against escalating conspiracy theories targeting different firms each week. 

“First it was Binance and then it was Wintermute and then it was an unknown offshore macro hedge fund and then it was paper bitcoin and today it is Jane Street and next week it will be someone else,” Hougan wrote.

The actual reason is straightforward. People sold Bitcoin via spot, unwound…

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Binance Arbitration Push Denied By Judge In Crypto Loss Dispute Involving Changpeng Zhao

A federal judge on Thursday rejected a request by cryptocurrency exchange Binance (CRYPTO: BNB) for arbitration in a case involving customer claims over losses from unregistered tokens.

Customers Can Pursue Claims, Rules Judge

U.S. District Judge Andrew Carter of the Southern District of New York ruled that Binance failed to adequately inform its customers about changes to its terms of usage, reported Reuters. These changes included an arbitration requirement and a class-action waiver.

Carter deemed the alleged class-action waiver in Binance’s 2019 terms of use “ambiguous and unenforceable.”

A Binance spokesperson told Benzinga that the company would “vigorously defend the…

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Fred Thiel Says MARA Holdings Will Leverage Bitcoin Holdings For ‘Financial Flexibility’ As Firm Pivots Beyond Pure-Play Mining – MARA Holdings (NASDAQ:MARA)

MARA Holdings Inc. (NASDAQ:MARA) CEO Fred Thiel said Thursday the company plans to adopt an opportunistic approach, leveraging Bitcoin (CRYPTO: BTC) to enhance “financial flexibility” where appropriate.

MARA Records Paper Losses On Bitcoin

During MARA’s fourth-quarter earnings call, Thiel admitted that recent volatility in Bitcoin price has affected the sector’s sentiments and aspects of the company’s trading performance.

The company reported a fourth-quarter net loss of $1.7 billion, primarily due to a $1.5 billion hit from the fair value markdown on its Bitcoin holdings. The apex cryptocurrency tumbled 23% during the quarter.

“Historically, we retained the majority of the…

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Eric Trump Says He Believes In BTC ‘Long Term’ And American Bitcoin’s ‘Growth Metric’ Is To Increase Its Stash, Not Chase Exhashes Like Other Miners – American Bitcoin (NASDAQ:ABTC)

Eric Trump, co-founder and Chief Strategy Officer of American Bitcoin Corp. (NASDAQ:ABTC), said Thursday that the company’s core long-term strategy is to increase Bitcoin (CRYPTO: BTC) on its balance sheet.

‘We Believe In Bitcoin In The Long Term’

During American Bitcoin’s fourth-quarter earnings call, Trump was asked about the company’s capital allocation between its mining segment and purchasing Bitcoin on the open market.

“We believe in Bitcoin in the long term, and when there are right and opportunistic moments where we believe that we can get a strong return on mining, we will do so,” he responded.

Trump said that the company will prioritize mining when it can secure a…

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Elizabeth Warren Says Trump’s Banking Regulator Looking Into His Family’s Crypto Bank Application: ‘The Public Deserves Transparency’

Sen. Elizabeth Warren (D-Mass.) pressed for details in a Senate hearing Thursday on the Trump family’s application to establish a stablecoin bank linked to their World Liberty Financial (CRYPTO: WLFI) platform.

Warren Demands Transparency On WLFI

Warren grilled Comptroller of the Currency Jonathan Gould on whether regulators obeyed the law on the bank charter application filed by World Liberty Financial—a firm co-founded by President Donald Trump’s sons.

Warren, Ranking Member of the Senate Banking Committee, said that OCC regulations require applicants to disclose all principal shareholders, who are persons with at least a 10% direct or indirect stake in the proposed bank, and…

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Bitcoin, Ethereum, XRP, Dogecoin Retreat As Nvidia Drags Down Tech Stocks: Analyst Highlights Historical ‘Sweet Spot’ Where BTC Bottomed – Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)

Leading cryptocurrencies cooled down on Thursday amid uncertainty over potential market bottoms.

Crypto Market Takes U-Turn

Bitcoin reversed after Wednesday’s relief rally, while trading volume for the apex cryptocurrency dropped 22% over the past 24 hours. Ethereum fell sharply in the early trading hours but rallied to recover losses by afternoon.

Bitcoin’s market share narrowed to 58%, while Ethereum’s dominance fell to 10.5%.

Over $240 million was liquidated from the market in the last 24 hours, according to Coinglass, with bullish long traders bearing the brunt of the losses.

Bitcoin’s open interest fell 2.39% over the past 24 hours, aligning with the correction in spot price….

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