Workflow
Marathon(MARA)
icon
Search documents
MARA Adds 372 Megawatts of Capacity in Ohio, with 152 Megawatts Operational and 220 Megawatts in Development
GlobeNewswire News Room· 2024-11-11 13:30
Acquisition of two sites totaling 222 megawatts of capacity for $270/kW$270/kW acquisition multiple is one of lowest amongst larger public peersGreenfield development of a 150-megawatt site, to be gradually energized by year-end 2025Compute is fully secured for operational capacity along with a majority of anticipated growth capacity Fort Lauderdale, FL, Nov. 11, 2024 (GLOBE NEWSWIRE) -- MARA (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy ...
Why Crytocurrency Stocks Were All the Rage This Week
The Motley Fool· 2024-11-08 23:49
There were numerous positive developments driving the sector higher in recent days.It's not hyperbole to say that this week might go down in history as one of the best for cryptocurrency stock investors. It's sure been quite a boon for cryptocurrencies themselves, and the companies that mine and invest in them were surging across the five-day trading period, too. This wasn't only a coattail increase, either -- several had good news of their very own to report.Some even posted share price gains well into the ...
Marathon Digital Holdings, Inc. (MARA) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-11-07 23:51
Marathon Digital Holdings, Inc. (MARA) closed the latest trading day at $19.31, indicating a -0.05% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.74%.Shares of the company have appreciated by 25.13% over the course of the past month, outperforming the Business Services sector's gain of 9.12% and the S&P 500's gain of 3.16%.The investment community will be paying close attention to the earnings performance of Marathon Digital Holdings, Inc. in its up ...
Marathon Digital (MARA) Soars 19.0%: Is Further Upside Left in the Stock?
ZACKS· 2024-11-07 22:46
Marathon Digital Holdings, Inc. (MARA) shares rallied 19% in the last trading session to close at $19.32. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.6% gain over the past four weeks.Donald Trump’s win positively impacted Marathon Digital’s shares due to the potential for favorable policy shifts under his administration. Trump has historically taken a relatively hands-off approach to regulation in finan ...
MARA Announces Bitcoin Production and Mining Operation Updates for October 2024
GlobeNewswire News Room· 2024-11-04 13:05
Energized Hash Rate Increased 14% to 40.2 EH/s717 Bitcoin Produced in October, 2% Increase M/MTransaction Fees Accounted for 5% of Total Bitcoin Produced Fort Lauderdale, FL, Nov. 04, 2024 (GLOBE NEWSWIRE) -- MARA (NASDAQ: MARA) ("MARA" or the "Company"), one of the world’s largest publicly traded bitcoin ("BTC") miners and a leader in supporting and securing the Bitcoin ecosystem, today published unaudited BTC production update for October 2024. Management Commentary"October was our best month of bitcoin p ...
Why Marathon Digital Holdings, Inc. (MARA) Outpaced the Stock Market Today
ZACKS· 2024-10-24 22:56
In the latest market close, Marathon Digital Holdings, Inc. (MARA) reached $18.22, with a +0.83% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.22%. Elsewhere, the Dow lost 0.33%, while the tech-heavy Nasdaq added 0.76%.The company's shares have seen an increase of 11.96% over the last month, surpassing the Business Services sector's gain of 1.72% and the S&P 500's gain of 1.47%.Investors will be eagerly watching for the performance of Marathon ...
Monster insider trading alert for MARA stock
Finbold· 2024-10-22 11:36
MARA Holdings (NASDAQ: MARA) has experienced a significant rise in insider selling activity in recent months. According to recent filings with the U.S. Securities and Exchange Commission (SEC), several top executives have offloaded substantial portions of their holdings in the company.One of the most notable transactions occurred on October 16, 2024, when Salman Khan, the company’s Chief Financial Officer (CFO), sold 16,700 shares of Marathon stock at $17.50 per share, amounting to $292,250.  This sale was ...
MARA Announces Access to $200M Line of Credit
GlobeNewswire News Room· 2024-10-15 21:24
Fort Lauderdale, FL, Oct. 15, 2024 (GLOBE NEWSWIRE) -- MARA (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today announced that it has secured a $200 million line of credit, collateralized by a portion of its bitcoin holdings. MARA may use the funds to capitalize on strategic opportunities and for other general corporate purposes. Investor Notice Investing in our securities involves a high degree of risk. Before making an i ...
Marathon Digital Holdings, Inc. (MARA) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-10 22:55
Marathon Digital Holdings, Inc. (MARA) ended the recent trading session at $15.23, demonstrating a -1.36% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.21%. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq decreased by 0.05%. Prior to today's trading, shares of the company had lost 2.22% over the past month. This has lagged the Business Services sector's gain of 4% and the S&P 500's gain of 5.94% in that ...
Marathon Digital Holdings, Inc. (MARA) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-09-27 22:51
The latest trading session saw Marathon Digital Holdings, Inc. (MARA) ending at $17.29, denoting a -1.31% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.13%. Meanwhile, the Dow experienced a rise of 0.33%, and the technology-dominated Nasdaq saw a decrease of 0.39%. Shares of the company have appreciated by 3.12% over the course of the past month, underperforming the Business Services sector's gain of 4.62% and outperforming the S&P 500's gain of 2.43%. Analysts and inv ...