[Marathon Digital's second-quarter earnings and revenues fell short of expectations, and it made a profit of $23.4 million by selling Bitcoin] Golden Finance reported that Marathon Digital (MARA), one of the largest Bitcoin miners in North America, released its second-quarter earnings report. The company earned $23.4 million from the sale of Bitcoin this quarter, equivalent to selling 63% of the Bitcoin produced in the quarter to cover operating costs. As Bitcoin prices rose this quarter, Marathon also benefited from a reduction in impairment charges to $8.4 million this quarter, down from $131.6 million in the same period last year. The miner reported an adjusted loss per share of $0.13 on revenue of $81.8 million, while FactSet analysts estimated a loss per share of $0.06 and revenue of $83.4 million, with both earnings and revenues below analyst expectations.
