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Sankey diagram of MARA Holdings, Inc.. A complete text table follows the diagram.
Bitcoin mining block rewards dominate a digital-asset infrastructure platform, with hosting and other revenue alongside them.
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Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| MARA Holdings revenue | 1 | $175M | $174.614M reported quarterly revenue |
| Mining operator block rewards | 2 | $156M | Reported block rewards |
| Hosting services | 2 | $1.1M | Reported hosting revenue |
| Other revenue | 2 | $1 | Reported other revenue |
| Revenue reconciliation | 2 | $16.3M | Residual to reported total |
| From | To | Value |
|---|---|---|
| MARA Holdings revenue | Mining operator block rewards | $156M |
| MARA Holdings revenue | Hosting services | $1.1M |
| MARA Holdings revenue | Other revenue | $1 |
| MARA Holdings revenue | Revenue reconciliation | $16.3M |