MARA Holdings falls after Q3 revenue miss
Updates
** Shares of cryptocurrency miner MARA Holdings MARA.O down 5.1% at $23.93
** Company, in after-market hours, on Tuesdayreported Q3 rev. of $131.6 mln, below ests. of $151.7 mln, according to data compiled by LSEG
** Reports Q3 loss of 42 cents/shr vs ests. of a loss of 26 cents/shr
** Says increased global hash rate and resultant network difficulty impacted bitcoin production in Q3
** Hash rate is a measure of the computational speed of cryptocurrency mining operations; a higher hash rate indicates that more power is required
** Reports 63% rise in hosting and energy costs is dueto deployment and energization of more crypto mining rigs
** Including session's move, MARA up 2.2%YTD
Reporting by Ragini Mathur and Jaiveer Shekhawat
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