MARA Holdings, Inc. (MARA) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.094 Greetings and welcome to MARA's second quarter 2026 earnings conference call. 00:00:05.094 -- 00:00:08.257 At this time, all participants are in a listen-only mode. 00:00:08.257 -- 00:00:11.899 A brief question and answer session will follow the formal presentation. 00:00:11.899 -- 00:00:15.181 If anyone should require operator assistance during the conference, please press star 00:00:15.181 -- 00:00:20.105 zero on your telephone keypad. Please note this conference is being recorded. 00:00:20.105 -- 00:00:25.088 I will turn the conference over to your host today, Robert Samuels, VP of Investor Relations. 00:00:25.088 -- 00:00:28.089 Thank you. You may begin. 00:00:28.117 -- 00:00:32.658 Thank you, operator. Good afternoon, everyone, and welcome to MARA's second quarter fiscal 00:00:32.658 -- 00:00:36.118 year 2026 earnings call. Thanks so much for joining us today. 00:00:36.118 -- 00:00:40.159 With me on today's call are our chairman and chief executive officer, Fred Thiel, and 00:00:40.159 -- 00:00:44.660 our chief financial officer, Salman Khan. Today's call includes forward-looking statements, 00:00:44.660 -- 00:00:48.601 including those about our growth plans, liquidity, and financial performance. 00:00:48.601 -- 00:00:52.781 These involve risks and uncertainties, and actual results may differ materially. 00:00:52.781 -- 00:00:57.207 We disclaim any obligation to update these statements except as required by law. 00:00:57.207 -- 00:01:02.510 For more details, see the risk factors section of our latest 10-K and other SEC filings. 00:01:02.510 -- 00:01:07.113 We'll also reference non-GAAP financial measures like adjusted EBITDA, which we believe 00:01:07.113 -- 00:01:11.435 are important indicators of MARA's operating performance...