According to online reports, bitcoin miner MARA announced its second-quarter 2025 financial report, achieving a 1093% year-on-year increase in adjusted EBITDA to US$1.2 billion, a record quarterly high. During the same period, the company's revenue reached US$808 million, turning a profit, compared with a loss of nearly US$200 million in the same period last year. MARA held nearly 50,000 bitcoins, a year-on-year increase of 170%. The company emphasizes that the vast majority of its bitcoins are obtained through mining, which is different from mining companies that mainly rely on buying coins. As one of the world's largest bitcoin mining companies, MARA recently raised approximately US$940 million to continue to expand its mining machinery and holding currency. Data shows that rising demand for digital assets and a record high in bitcoin prices have promoted significant improvements in the performance of mining companies.