Bitcoin price sensitivity of earnings
Company: Marathon Digital
The claim, verbatim
Management said every $10,000 change in the bitcoin price translates to a non-cash gain or loss of about $350 million for MARA.
Source (primary)
Why Did MARA Stock Fall? - Yahoo Finance (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗
Quote: “Every $10,000 change in the price of bitcoin translates to a non-cash gain or loss of about $350 million for MARA.”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The article attributes this sensitivity figure to management on the August 6 call and states the $350 million per $10,000 figure directly.
Confirmed in the source:
- MARA management discussed the company's bitcoin price sensitivity on its August 6 call
- Every $10,000 change in the bitcoin price translates to a non-cash gain or loss of about $350 million for MARA
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/why-did-mara-stock-fall-154612550.html) in full (10,598 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Did MARA Stock Fall? - Yahoo Finance
Quote: “Every $10,000 change in the price of bitcoin translates to a non-cash gain or loss of about $350 million for MARA.”