MARA spent 73.3 million dollars to purchase Auradine mining machines in the first half of the year

Jul 30, 2025 19:48:30

according to The Miner Mag, MARA's second-quarter financial report shows that the company paid $73.3 million to the U.S. chip startup Auradine for the procurement of Teraflux Bitcoin mining machines in the first half of 2025, 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 is not limited to equipment procurement. In February of this year, MARA invested $20 million to purchase preferred shares of Auradine and converted a previous $1.2 million convertible note into equity, bringing its total investment in Auradine to $85.4 million, while also securing a board seat.

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