Marathon Digital Holdings, Inc. (MARA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned -15.3% over the past month versus the Zacks S&P 500 composite's +0.5% change. The Zacks Technology Services industry, to which Marathon Digital belongs, has lost 2.3% over this period. Now the key question is: Where could the stock be headed in the near ter ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Marathon Digital (NASDAQ: MARA) has been gaining attention among crypto enthusiasts and investors alike, especially with the anticipation surrounding the upcoming Bitcoin halving event.As Bitcoin (BTC-USD) continues its upward trajectory, investors are exploring various avenues to capitalize on the rally, and MARA stock has emerged as a prominent contender in this regard. Why is MARA stock in the news? Copy link to section Marathon D ...

- Increased BTC Holdings to 17,381 BTC; Total Cash and BTC of $1.6B as of March 31, 2024 - Average Operational Hash Rate Increases 4% M/M to 18.3 EH/s Fort Lauderdale, FL, April 04, 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, today published unaudited bitcoin ("BTC") production and miner installation updates for March 2024. Management ...

This past year was certainly an excellent one for Marathon Digital (NASDAQ:MARA) stock, which surged more than 300% as Bitcoin (BTC-USD) went on an absolute tear. The move was expected because of bearish sentiment and the upcoming Bitcoin halving.This halving was clearly overly-priced into this stock. However, investors are once again considering the effects on its balance sheet. MARA stock is now down on a year-to-date basis, as uncertainty looms around the company’s future profitability and cash flow prof ...

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 ...