Marathon(MARA)

Search documents
MARA Holdings: Should Shorts Be Worried? (Rating Upgrade)
Seeking Alpha· 2025-01-11 10:05
Stock Performance - The stock price of MARA Holdings experienced significant volatility, rising from just under $18 per share to nearly $30 before falling back below $18 within three months [1] Analyst Position - The analyst holds a beneficial long position in MARA, BTC-USD, and CLSK through various investment instruments [1] Article Context - The article represents the analyst's personal opinions and is not compensated by any company mentioned [1] - The analyst has no business relationship with any of the companies discussed in the article [1]
MARA Announces Bitcoin Production and Mining Operation Updates for December 2024
GlobeNewswire· 2025-01-03 13:05
Energized Hash Rate Increased 15% to 53.2 EH/sIncreased BTC Holdings to 44,893 BTC2024 BTC Yield Per Share of 62.7% Fort Lauderdale, FL, Jan. 03, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today published unaudited BTC production and miner installation updates for December 2024. Management Commentary"In December, we surpassed our year-end hash rate target of 50 EH/s while imp ...
MARA Announces Bitcoin Production and Mining Operation Updates for December 2024
Newsfilter· 2025-01-03 13:05
Energized Hash Rate Increased 15% to 53.2 EH/sIncreased BTC Holdings to 44,893 BTC2024 BTC Yield Per Share of 62.7% Fort Lauderdale, FL, Jan. 03, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today published unaudited BTC production and miner installation updates for December 2024. Management Commentary"In December, we surpassed our year-end hash rate target of 50 EH/s while imp ...
Marathon Digital Stock is Consolidating: Right Time to Enter?
ZACKS· 2024-12-19 21:00
Marathon Digital Holdings, Inc. (MARA) stock is in a consolidation phase. It has declined 8% year to date but has gained 5% over the past six months. The stock has climbed 39% in the last three months, while it has dipped 8% in the past month.Over the past three months, MARA has underperformed its competitors in the bitcoin-mining space. Riot Platforms, Inc. (RIOT) has gained 61% and HuT 8 Corp. (HUT) has rallied 127% over the same period.Let’s analyze how MARA is doing to determine whether its current leve ...
What Makes Marathon Digital (MARA) a New Buy Stock
ZACKS· 2024-12-13 18:00
Marathon Digital Holdings, Inc. (MARA) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the ...
Kuehn Law Encourages Investors of MARA Holdings, Inc. to Contact Law Firm
Prnewswire· 2024-12-12 21:28
Legal Investigation - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of MARA Holdings, Inc (NASDAQ: MARA) [1] - The investigation focuses on potential self-dealing, which may entitle shareholders to damages and corporate governance reforms [1] Shareholder Participation - Long-term MARA stockholders are encouraged to contact Justin Kuehn, Esq for a free consultation and case evaluation [2] - Shareholder participation is crucial for maintaining the integrity and fairness of financial markets [3] Contact Information - Kuehn Law, PLLC is located at 53 Hill Street, Suite 605, Southampton, NY 11968 [4] - Contact details include email at [email protected] and phone number (833) 672-0814 [4]
MARA Holdings, Inc. Completes $850 Million Offering of Zero-Coupon Convertible Senior Notes due 2031
GlobeNewswire News Room· 2024-12-04 22:00
Proceeds to be used primarily to acquire bitcoin and repurchase existing convertible notes due 2026 Fort Lauderdale, FL, Dec. 04, 2024 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a global leader in leveraging digital asset compute to support the energy transformation, today announced the closing on December 4, 2024 of its offering of 0.00% convertible senior notes due 2031 (the “notes”). The aggregate principal amount of the notes sold in the offering was $850 million. ...
MARA Acquires Wind Farm
GlobeNewswire News Room· 2024-12-03 13:30
Site features 240 MW of interconnection capacity, with 114 MW of operational wind generation to sustainably power data centerSite will be the first application of MARA’s Advanced ASIC Retirement Initiative, designed to extend the economic lives of miners Fort Lauderdale, FL, Dec. 03, 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 entering into a definitive agreement to acquire a ...
What's Happening With MARA Stock?
Forbes· 2024-12-03 11:00
Core Insights - MARA Holdings, a Bitcoin mining company, has seen its stock price increase nearly 40% in a month, driven by improved mining capacity and rising Bitcoin prices [1] - The stock has surged 700% from $3 in early 2023 to $27, attributed to a significant rise in revenue and P/S ratio [1] - The company's hash rate capacity has increased from 7.0 exahashes per second to 36.9, contributing to revenue growth [2] - Bitcoin's price recovery from below $17,000 at the end of 2022 to over $96,000 now has been fueled by regulatory approvals and investor optimism following Donald Trump's election victory [3] Financial Performance - MARA's revenue has grown 380% from $118 million in 2021 to $565 million currently [1] - The company's P/S ratio has increased by 266% from 3.6x in 2022 to 13.3x now [1] - Total shares have risen by 122% to 279 million due to additional share issuance [1] Market Volatility - MARA's stock returns have been highly volatile, with annual returns of 215% in 2021, -90% in 2022, and 587% in 2023, contrasting with the more stable performance of the Trefis High Quality Portfolio [4] - The current macroeconomic environment raises questions about potential future performance, but there is optimism for further growth due to improved mining capacity and Bitcoin prices [5] Valuation Metrics - MARA stock is currently trading at a lower valuation multiple of 8x trailing revenues compared to its average P/S ratio of 13x over the last three years, indicating potential for growth [5]
MARA Holdings, Inc. Announces Pricing of Oversubscribed and Upsized Offering of Zero-Coupon Convertible Senior Notes due 2031
GlobeNewswire News Room· 2024-12-03 01:45
Proceeds to be used primarily to acquire bitcoin and repurchase existing convertible notes due 2026 Fort Lauderdale, FL, Dec. 02, 2024 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a global leader in leveraging digital asset compute to support the energy transformation, today announced the pricing of its offering of $850 million aggregate principal amount of 0.00% convertible senior notes due 2031 (the “notes”). The notes will be sold in a private offering to persons reas ...