MARA has approval for a purchase expected to quadruple its owned power and plans to expand for AI computing. Sales fell 35% and missed forecasts, but profit per share beat forecasts and mining computing power rose 18%, leaving mixed signs.
The added power could support AI computing, but the company has not reported sales from that shift. Its quarter gave opposing signs: sales missed expectations, while profit per share beat them and mining capacity grew. The story does not show which side will matter more, so I read it as no clear change.
Core Scientific plans to stop Bitcoin mining by year-end and focus on AI and high-performance computing. The story gives no expected sales or profit from the shift, so it does not establish a change in the company’s outlook.
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