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MARA Invests $73.3 Million in Purchasing Auradine Mining Machines in First Half of Year
Summary: According to The Miner Mag, MARA's second-quarter financial report revealed that the company spent $73.3 million in the first half of 2025 to purchase Teraflux Bitcoin mining machines from the U.S. chip startup Auradine, with $22.3 million paid in the first quarter and $51 million in the second quarter. As of June 30, all orders ...
According to The Miner Mag, MARA's second-quarter financial report revealed that the company spent $73.3 million in the first half of 2025 to purchase Teraflux Bitcoin mining machines from the U.S. chip startup Auradine, with $22.3 million paid in the first quarter and $51 million in the second quarter. As of June 30, all orders have been delivered on schedule. MARA's collaboration with Auradine extends beyond equipment purchases. In February of this year, MARA invested $20 million to acquire preferred shares in Auradine and converted $1.2 million in convertible notes into equity, bringing its total investment in Auradine to $85.4 million and securing a seat on Auradine's board of directors.
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Link: MARA Invests $73.3 Million in Purchasing Auradine Mining Machines in First Half of Year [Copy]
