Marathon Digital Holdings, Inc. ($MARA) reported a 35% increase in revenues for the third quarter of 2024, reaching $131.6 million, up from $97.8 million in the same period of 2023. However, the company also experienced a significant rise in net loss, which grew to $124.8 million, or $0.42 per diluted share, compared to a net loss of $0.4 million, or $0.34 per diluted share, in Q3 2023. The earnings report indicated that Marathon Digital missed revenue expectations, leading to a decline in its stock price. The company's Bitcoin reserves increased to 26,747 BTC during this period. Following the earnings announcement, shares of Marathon Digital fell by 9.1% in after-hours trading.