Why Bitcoin-Related Stock Marathon Digital Is Sliding After Hours

Marathon Digital Holdings Inc (NASDAQ: MARA) shares are trading lower in Monday’s after-hours session after the company reported worse-than-expected financial results.

Marathon Digital reported second-quarter revenue of $24.9 million, which missed the estimate of $37.57 million, according to data from Benzinga Pro. Marathon’s top-line results were down from $29.3 million in the first quarter. 

The company reported a net loss of $(191.6) million or $1.75 per …

Full story available on Benzinga.com

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