Marathon Digital Holdings, Inc. (MARA) closed the most recent trading day at $19.43, moving -1.55% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.11%. On the other hand, the Dow registered a loss of 0.11%, and the technology-centric Nasdaq increased by 0.23%.Shares of the company witnessed a loss of 11.35% over the previous month, trailing the performance of the Business Services sector with its loss of 1.33% and the S&P 500's gain of 1.5%.The upcoming ea ...

Fort Lauderdale, FL, April 02, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world's largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, has closed its previously announced acquisition of a Bitcoin mining data center in Garden City, Texas, with a name plate capacity of 200 megawatts, from Applied Digital Corporation ("Applied Digital"). "With the closing of this acquisition, we have gained more i ...

Marathon Digital (NASDAQ:MARA) stock has a bearish outlook, with the stock actually down on the year. This comes as Bitcoin (BTC-USD) hovers near an all-time high. One might wonder why this is. After all, the MARA stock price is directly tied to the value of Bitcoin.Investors are factoring in the upcoming Bitcoin halving and its impact on prices. A 50% decrease in revenue is significant for a company like Marathon Digital unless Bitcoin keeps rising. For Bitcoin believers, MARA stock may be a buy.Strong Fin ...

BRAZIL - 2022/07/04: In this photo illustration, the Marathon Digital Holdings logo seen displayed ... [+] on a smartphone screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesIn the last year, Bitcoin’s price has soared 150% to $70,282. That increase is slightly below the 158% appreciation of Las Vegas-based crypto miner Marathon Digital’s stock.It’s not all good news for Marathon Digital. The company’s stock took a tumble on Februa ...

Notable absentees of the ongoing crypto market rally have, for the most part, been major Bitcoin (BTC) mining firms. This, perhaps, isn’t surprising given that the companies not only suffered immense damage during the ‘crypto winter’ but their prospects for the Bitcoin halving might not be as stellar as might appear at first glance.Indeed, as the mining rewards are set to become smaller, Bitcoin prices will have to increase significantly for the miners to remain profitable and the world’s premier cryptocurr ...

Marathon Digital Holdings (NASDAQ: MARA) is the world’s largest publicly traded Bitcoin (BTC) mining company. Institutional investors have gradually increased their positions in Marathon despite the block subsidy halving expected in April.In particular, institutional investors own 38.9% of Marathon’s outstanding shares, holding 104,212,740 out of the 268 million. Finbold gathered this data from Nasdaq, which also shows the top five institutional shareholders of the Bitcoin mining company.First, Vanguard hol ...

Marathon Digital (NASDAQ:MARA), a leading Bitcoin (BTC-USD) miner, has continued to struggle of late. Over the past month, MARA stock struggled but there’s hope ahead.However, zooming out, this digital asset miner soared 279% last year and rose 101% over the past six months, reflecting its mining prowess. So, analyzing this stock is more about time horizon than anything else. The company mined a remarkable 4,242 Bitcoins in Q4 alone, surpassing prior achievements and posting $157 million in Q4 revenues, exc ...

With the Bitcoin (BTC-USD) halving event quickly approaching, crypto mining stocks are in full focus. This comes at an excellent time for Riot Platforms (NASDAQ:RIOT), a Bitcoin infrastructure innovator that has spent the past month trending downward. Other companies in the space, such as Marathon Digital Holdings (NASDAQ:MARA), have struggled recently as well. But now, as the year’s biggest crypto event draws near, bullish sentiment toward RIOT stock is shifting. And one investment bank is highly optimisti ...

Marathon Digital Holdings (NASDAQ:MARA) stock represents a company that mines digital assets with a focus on the blockchain ecosystem and the generation of digital assets in United States.The company’s focus on specifically mining Bitcoin (BTC-USD) has placed it on the map of many crypto enthusiasts and investors. Shares have increased more than 170% over the past twelve months. However, after having dipped 34% over the past month, a significant dip in share price, MARA stock continues to be a buy. Below ar ...

Marathon Digital Holdings, Inc. (MARA) ended the recent trading session at $19.41, demonstrating a +0.47% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.63%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.82%.The company's stock has dropped by 28.29% in the past month, falling short of the Business Services sector's gain of 0.67% and the S&P 500's gain of 1.76%.The upcoming earnings release of Marathon Digital Holdings, Inc ...