Despite MARA Holdings reporting a net loss of $1.7 billion in the fourth quarter, primarily due to a $1.5 billion decline in digital asset valuations, its stock price surged over 15% in after-hours trading. Revenue decreased by 6% to $202.3 million. The company announced the formation of a major joint venture with Starwood Capital Group to jointly develop AI-centric data centers, marking a strategic transformation. Operationally, its computing power increased by 25% to 66.4 EH/s, but Bitcoin production dropped to 2,011 coins.

BTC-3.18%
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