Mara Holdings (MARA -6.53%) is going all-in on the world's top cryptocurrency, and many investors aren't happy about it. The company's stock closed Monday almost 7% lower following news that it would aggressively pursue more Bitcoin (BTC -1.65%) mining and purchasing, fueled partially by a new round of capital raising. This contrasted notably with the rise of the S&P 500 index, which ended the day more than 0.2% higher.Busy Bitcoin bullsIt was a busy news days for Mara with the release of its monthly produc ...

Energized Hash Rate Increased 15% to 46.1 EH/s254 Blocks Won in November, 27% Increase M/MYTD BTC Yield Per Share of 37.2% Fort Lauderdale, FL, Dec. 02, 2024 (GLOBE NEWSWIRE) -- MARA (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today published unaudited BTC production update for November 2024. Management Commentary "November was a record-breaking month for MARA, with our mining operations achieving unprecedented levels of ...

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 that it intends to offer, subject to market conditions and other factors, $700 million aggregate principal amount of 0.00% convertible senior notes due 2031 (the “notes”) in a private offer ...

Bitcoin’s (BTC) recent rally, peaking at $99,655, has reignited enthusiasm for cryptocurrency-linked stocks. Despite failing to breach the $100,000 milestone, President-elect Donald Trump’s pro-crypto regulatory stance following his re-election on November 5 has triggered bullish sentiment in the market.Major U.S. corporations have ramped up Bitcoin investments, fueling a surge in the value of crypto-related equities. Among the top performers are MARA Holdings (NASDAQ: MARA) and MicroStrategy (NASDAQ: MSTR) ...

Proceeds to be used primarily to acquire bitcoin and repurchase existing convertible notes due 2026 Fort Lauderdale, FL, Nov. 21, 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 November 20, 2024 of its offering of 0.00% convertible senior notes due 2030 (the “notes”). The aggregate principal amount of the notes sold in the offering was $1 billion, w ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

Proceeds to be used primarily to acquire bitcoin and repurchase existing convertible notes due 2026 Fort Lauderdale, FL, Nov. 18, 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 2030 (the “notes”). The notes will be sold in a private offering to persons reas ...

Proceeds to be used primarily to acquire bitcoin, repurchase existing convertible notes due 2026 and for general corporate purposes Fort Lauderdale, FL, Nov. 18, 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 that it intends to offer, subject to market conditions and other factors, $700 million aggregate principal amount of convertible senior notes due 2030 (the “ ...

Key TakeawaysMara Holdings, parent company of Bitcoin miner Marathon Digital, reported third-quarter results that missed estimates after the bell Tuesday.Mara Holdings reported a net loss nearly $50 million larger than analysts had expected.Shares fell in early trading Wednesday, reversing the stock's post-election rally. Mara Holdings (MARA) stock's post-election rally slowed Wednesday after the Bitcoin (BTCUSD) mining company's third-quarter results missed estimates. The company reported $131.6 million in ...

Bitcoin (BTC) is up about 25% since the presidential election on November 7. The headline stories will focus on the fact that BTC is hitting new all-time highs on a regular basis. However, it’s important to note that Bitcoin’s new highs are also inflation-adjusted highs.   If you’re an owner (or hodler), this rally feels like the vindication you’ve been waiting for. And if you’re a skeptic, it may be worth more than a passing glance.  The reality is somewhere in between. But price action like this is even m ...