One MARA share costs 10,957 sats today ($9.11). That's 38% fewer sats than a year ago; the dollar price fell 55% too.
Next earnings: Wednesday, November 11 .
What one share costs in bitcoin today ($9.11). One bitcoin is 100 million sats.
Fewer sats per share than a year ago. Above zero means the stock beat simply holding bitcoin.
What each $1 it spent buying back its own stock since 2023 is worth today, versus the same $1 in bitcoin bought at the same times. Bitcoin wins.
$14 million of revenue in the quarter to Jun 30, 2026, at that quarter's average price: ₿193 of the 21 million that will ever exist.
Since mid-2022 it paid shareholders $3.3 billion more than its business generated; the gap came from burned cash and still paid out.
