MARA Holdings Inc.

(NASDAQ:MARA) shares are sliding on Friday as traders digest second-quarter financial results and the company’s push to position its power footprint for both Bitcoin mining and AI-oriented compute.

MARA Holdings stock is trading near recent lows.

What's ahead for MARA stock?

MARA Holdings Q2 Results The company reported second-quarter revenue of $174.88 million, down 27% year-over-year, and an adjusted loss of $1.60 per share, versus a Street view that had called for a profit of 26 cents per share.