Core Insights - Bitcoin has reached an all-time high of $112,000 on May 22, 2025, driven by increasing acceptance as a non-sovereign asset and higher institutional adoption, alongside easing trade tensions between the U.S. and China [2] - As of April 28, 2025, over 70 publicly listed companies hold a total of 720,728 bitcoins valued at $68.5 billion [2] - Bitcoin is currently trading above $105,000, significantly higher than the $76,000 recorded in early April 2025, benefiting from favorable U.S. policies [3] Cryptocurrency and Blockchain Technology - Cryptocurrencies are underpinned by blockchain technology, which provides enhanced security through a decentralized and tamper-resistant record of transactions [4] - The business value generated by blockchain is projected to reach $176 billion by 2025 and $3.1 trillion by 2030, indicating significant growth potential in the sector [5] Company Performance and Strategies - CME Group reported a record average daily volume of 29.8 million contracts in Q1 2025, a 13% increase year-over-year, driven by growth across all asset classes [6] - The company anticipates strong trading volumes in 2025 due to high customer demand for efficient trading and hedging solutions [7] - Clearing and transaction fees are expected to continue boosting CME Group's revenue, supported by increased electronic trading volume and crypto asset adoption [8] Marathon Digital - Marathon Digital holds 47,531 bitcoins as of Q1 2025 and is focused on scaling operations and enhancing efficiencies [9] - The company has acquired multiple sites in the U.S. and increased its capacity significantly, positioning itself for sustained mining expansion [10] MicroStrategy - MicroStrategy is the largest Bitcoin treasury company, holding 580,250 bitcoins as of May 25, 2025, and is on track to achieve a bitcoin yield target of 25% [11][12] - The company plans to raise $42 billion through equity and fixed income securities by the end of 2027, with significant amounts remaining to be issued [13] - MicroStrategy is leveraging cloud demand and generative AI to enhance its analytics offerings, supported by partnerships with major tech companies [14]

Group 1: Growth Stocks Overview - Investing in growth stocks can yield significant returns over time, with some stocks providing rapid payoffs [1] - Notable growth stocks include Strategy, Mara Holdings, and Verona Pharma, which have shown impressive gains over the past five years [2] Group 2: Strategy (formerly MicroStrategy) - A $15,000 investment in Strategy five years ago would now be worth approximately $458,000, despite a decline in its core technology business [4] - Strategy is the largest corporate holder of Bitcoin, with over 500,000 coins, and its stock performance is closely tied to Bitcoin's market value [5] - The stock is considered highly speculative, with its valuation contingent on the strength of the cryptocurrency market [6] Group 3: Mara Holdings - A $15,000 investment in Mara Holdings would have grown to about $290,000 over the past five years, despite a significant drop in value since early 2022 [7] - The company's financial performance has been volatile, with losses exceeding $694 million in 2022 and a profit of $541 million in 2024, heavily influenced by the market value of Bitcoin [8] - Similar to Strategy, Mara's valuation is speculative and depends on Bitcoin's performance [9] Group 4: Verona Pharma - A $15,000 investment in Verona Pharma would now be worth $267,000, contributing to a total portfolio value of around $1.02 million when combined with the other two stocks [10] - The stock gained momentum after FDA approval for Ohtuvayre, a treatment for chronic obstructive pulmonary disease, which analysts predict could generate over $1 billion in annual revenue by 2029 [11] - Despite incurring a loss of over $173 million last year, Verona is on a positive trajectory with Ohtuvayre beginning to generate sales, making it a more attractive investment option [12]

Record High 282 Blocks Earned in May, 38% Increase M/M950 Bitcoin Produced, 35% Increase M/MIncreased BTC Holdings* to 49,179 BTC Fort Lauderdale, FL, June 03, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin mining, to monetize excess energy and optimize power management, today published unaudited bitcoin ("bitcoin" or "BTC") production updates for M ...

Group 1 - The individual has retired after over 43 years in investment research, now operating independently to provide actionable investment insights [1] - The focus is on rules and factor-based equity investing strategies, emphasizing the use of numbers to inspire human intelligence-driven investment stories rather than serving the numbers themselves [1] - The approach combines factor analysis with classic fundamental analysis to uncover the true story of a company and its stock, highlighting the importance of future potential over past data [1] Group 2 - The individual has extensive experience covering a wide range of stocks, including large cap, small cap, micro cap, value, growth, and special situations [1] - Previous roles included managing a high-yield fixed-income fund and conducting research on quantitative asset allocation strategies, contributing to the development of Robo Advising [1] - A passion for investor education has led to conducting numerous seminars and authoring two books on stock selection and analysis [1]

Group 1: Company Performance - NetEase-S (09999) saw a significant increase of 10.89% in stock price after reporting Q1 2025 net revenue of RMB 28.8285 billion, a year-on-year increase of 7.4%, and gross profit of RMB 18.5 billion, up 8.6% [1] - H&H International Holdings (01112) rose over 8% as the market speculated on the ergotamine concept, with its Swisse brand showing strong performance in high-growth segments [2] - China Gold International (02099) experienced a stock price increase of over 5% after reporting a 351% rise in Q1 revenue to USD 273 million [2] Group 2: Clinical and Pharmaceutical Developments - Shandong Xinhua Pharmaceutical (00719) surged over 14% as COVID-19 infections showed an upward trend, with the company preparing for Phase II clinical trials of OAB-14 [1] - Innovent Biologics (01801) rose nearly 3% after announcing the completion of the first patient dosing in the Phase III clinical study of Ma Shidu peptide for obesity [1] - Kangxi Biologics (06185) increased over 3% after receiving approval from the Indonesian drug regulatory authority for its inhaled tuberculosis vaccine clinical trial [1] Group 3: Market Trends and Reactions - The Nasdaq Golden Dragon China Index fell over 2%, with notable declines in popular Chinese stocks such as Tiger Brokers (TIGR.US) down over 8% and Beike (BEKE.US) down over 5% [3] - UnitedHealth Group (UNH.US) experienced a significant drop of over 15% following reports of a U.S. Department of Justice investigation into potential insurance fraud [3] - Bitcoin-related stocks declined, with CleanSpark (CLSK.US) down nearly 6% and Coinbase (COIN.US) down over 7%, as Bitcoin itself fell over 1.5% [3]

MARA Holdings, Inc. (MARA) - MARA reported a first-quarter 2025 loss of 40 cents per share, which was worse than the Zacks Consensus Estimate of a loss of 34 cents per share and significantly higher than the previous year's loss of 6 cents [1] - Total revenues for the quarter were $213.9 million, slightly missing the consensus estimate but representing a 29.5% increase from the year-ago quarter [1] - The company produced 2,286 bitcoins during the quarter, a decrease of 19% compared to the same period last year [2] - The energized hash rate increased to 54.3 exahashes per second, reflecting a 95% year-over-year growth [2] - The cost per petahash per day rose by 25% year-over-year to $28.5, while the purchased energy cost per bitcoin was $35,728 [2] - Adjusted EBITDA showed a loss of $483.6 million, down from earnings of $542.1 million in the previous year [3] - At the end of the quarter, MARA held 47,531 bitcoins and had cash and cash equivalents of $196.2 million, down from $391.8 million in the prior quarter [3] S&P Global (SPGI) - SPGI reported adjusted EPS of $4.37, exceeding the Zacks Consensus Estimate by 3.6% and increasing 9% year-over-year [4] - Revenues reached $3.8 billion, beating the consensus estimate by 2% and growing 8.3% year-over-year [4] Verisk (VRSK) - VRSK's adjusted earnings were $1.73 per share, surpassing the Zacks Consensus Estimate by 3.6% and increasing 6.1% from the year-ago quarter [5] - Total revenues amounted to $753 million, slightly beating the consensus estimate and increasing 7% year-over-year [5] Interpublic (IPG) - IPG reported adjusted earnings of 33 cents per share, exceeding the Zacks Consensus Estimate by 10% but decreasing 8.3% from the previous year [6] - Net revenues of $2 billion missed the consensus estimate slightly and declined 20% year-over-year, while total revenues of $2.3 billion decreased 7.2% year-over-year but surpassed the Zacks Consensus Estimate [6]

If you liked this idea, sign up for a no-obligation free trial of my Seeking Alpha Marketplace service, Timely Trader ! I sift through various asset classes to find the best places for your capital, helping you maximize your returns. Timely Trader seeks to find winners before they become winners, and keep you out of losers. In addition, you get access to our community via chat, direct access to me, real-time price alerts, a model portfolio, and more.Bitcoin miner MARA Holdings (NASDAQ: MARA ) posted first-q ...

Exhibit 99.1 Key Highlights Revenues increased 30% to $213.9 million IN Q1 2025 from $165.2 million in Q1 2024. Net income (loss) decreased 258% TO $(533.4) MILLION in Q1 2025 from $337.2 million in Q1 2024. Adjusted EBITDA decreased 189% $(483.6) MILLION compared to $542.1 million in Q1 2024. C o n t e n t s | To | O | u | r | S | h | a | r | e | h | o | l | d | e | r | s | 3 | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

Marathon Digital Holdings, Inc. (MARA) came out with a quarterly loss of $0.40 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -17.65%. A quarter ago, it was expected that this company would post a loss of $0.32 per share when it actually produced earnings of $1.24, delivering a surprise of 487.50%.Over the last four quarters, the ...

Financial Data and Key Metrics Changes - Revenues increased by 30% to $213.9 million from $165.2 million in Q1 2024, driven by a 77% increase in the average price of Bitcoin [16][17] - The company reported a net loss of $533.4 million or negative $1.55 per diluted share, compared to a net income of $337.2 million or $1.26 per diluted share in Q1 2024 [17][18] - Adjusted EBITDA decreased to a loss of $483.6 million in Q1 2025 from a loss of $542.1 million in Q1 2024 [18] Business Line Data and Key Metrics Changes - The energized hash rate increased by 95% to 54.3 Exahash per second in Q1 2025 from 27.8 Exahash per second in Q1 2024 [13] - The purchase energy cost per Bitcoin was $35,728, with a daily cost per petahash improving by 25% year over year [9][18] Market Data and Key Metrics Changes - The average price of Bitcoin was 12% lower as of March 31, 2025, compared to December 31, 2024, resulting in an unrealized fair market value loss of $510.2 million in Q1 2025 [17] - The company currently holds over 48,000 Bitcoin on its balance sheet, with a 52% increase in Bitcoin price since the full HODL announcement in July 2024 [13][14] Company Strategy and Development Direction - The company is transforming into a vertically integrated digital energy and infrastructure company, focusing on long-term low-cost energy solutions and efficient capital deployment [6][10] - Strategic growth priorities include advancing research and development of digital energy technologies and establishing partnerships with governments and global energy corporations [8][10] Management's Comments on Operating Environment and Future Outlook - Management noted that despite a challenging quarter due to declining Bitcoin prices and increased network difficulty, they expect a substantial recovery in Bitcoin prices to positively impact Q2 results [17][18] - The company believes it is well-positioned to reduce operating costs over time as it expands its own initiatives and focuses on low-cost energy sources [18][19] Other Important Information - The company completed the construction of a 200 megawatt data center in Ohio, with 100 megawatts now online and over 12,000 miners installed [9] - The company is investing in and developing digital energy technologies to improve operational efficiency and diversify revenue streams [10][11] Q&A Session Summary Question: Market disconnect between fundamentals and share performance - Management indicated that the market values the company for its Bitcoin holdings but does not give credit for its mining operations, which they believe undervalues the company [21][22] Question: Off-grid expansion strategy and partnerships - Management discussed the importance of partnering with energy companies to monetize underutilized energy and emphasized a mix of energy sources for future growth [26][31] Question: Hash cost and operational efficiencies - Management confirmed that hash costs have been reduced and expect further declines due to ongoing projects and operational efficiencies [35][36] Question: Impact of tariffs on procuring mining rigs - Management noted that they are working to minimize the impact of tariffs through their supply chain and manufacturing strategies [62][63] Question: Full HODL strategy and future plans - Management reiterated their commitment to the full HODL strategy, emphasizing the long-term value creation for shareholders [70][72]