MARA · MARA Holdings
The AI's read
MARA reported a clear Q2 miss. Revenue fell 27% to $174.88m and adjusted loss was $1.60 versus an expected profit. The market has already sold the stock about 4% intraday and after-hours action is flat, so some negative reaction is priced. RSI 55.6 and price near $10.65 show the move isn't stretched, leaving room for more downside on weak fundamentals. We lean bearish. The miss, a 29% decline in BTC holdings, and continued cash burn outweigh the longer-term AI land deal as an immediate offset.