How did MARA's Q2 2024 revenue costs compare to Q1?

MARA Holdings' Q2 2024 revenue and cost of revenue showed a decline compared to Q1 2024.

1. Revenue Decline: The total revenue for Q2 2024 was $165.2 million, which is lower than the revenue reported in Q1 2024. This indicates a decrease in the company's earnings during the period.

2. Cost of Revenue: The cost of goods sold for Q2 2024 was $168.21 million. Since the revenue for Q2 was lower than that of Q1, and assuming the cost of revenue remained relatively stable, the gross profit margin for Q2 would be lower than for Q1.

In summary, MARA Holdings experienced a decline in both revenue and cost of revenue from Q1 2024 to Q2 2024, which could impact the company's profitability for the period.