Marathon Digital Holdings, Inc. (MARA) shares have declined 28.2% in the year-to-date period against the 19.1% rally seen in the industry it belongs to and 18% growth of the Zacks S&P 500 composite. MARA's performance is in line with the close competitors in the bitcoin-mining space. Riot Platforms, Inc. (RIOT) has plummeted 48% and HuT 8 Corp. (HUT) has lost 14.2% over the same period. While the year-to-date performance of Marathon Digital paints a negative picture, it is crucial to look at the oneyear pri ...

As you can see on the chart, over the past few days, shares of MARA "broke" or crossed the downtrend line. The downtrend that started a month ago in Marathon Digital Holdings, Inc. MARA may have ended. It has broken the downtrend line. It has also formed a potential 'Rounded Bottom' on the chart. Both of these dynamics may have bullish implications. This is why we have identified MARA as our stock of the day. If a stock is moving lower, the first thing that must happen before it moves higher is for it to st ...

Fort Lauderdale, FL, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Marathon Digital 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 of its offering of 2.125% convertible senior notes due 2031 (the "notes"). The aggregate principal amount of the notes sold in the offering was $300 million, which includes $50 million aggregate principal amount of notes issued pursuant to an option to purchase, wi ...

Proceeds to be used primarily to acquire bitcoin and for general corporate purposes Fort Lauderdale, FL, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Marathon Digital 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 $250 million aggregate principal amount of 2.125% convertible senior notes due 2031 (the "notes"). The notes will be sold in a private offering to persons reasona ...

Proceeds to be used primarily to acquire bitcoin and for general corporate purposes Fort Lauderdale, FL, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Marathon Digital 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, $250 million aggregate principal amount of convertible senior notes due 2031 (the "notes") in a private offering to per ...

l i TILLING 01000 114 07 th I H + I H Eoneren I have written about Marathon Digital (NASDAQ:MARA) where I suspected the company would underperform due to the halving event. Now that the event is over, and we have the company's Q2 2024 results, we can see how it has all played out. This article serves as an update to my original article, with the core thesis that owning Bitcoin itself is better than this miner. Marathon Digital's Revenues Missed the Mark in Q2 2024 Marathon Digital's most recent Q2 2024 play ...

201 Blocks Won in July, 27% Increase M/M BTC Production of 692 BTC, 17% Increase M/M Increased BTC Holdings to 20,818 BTC; Total Cash and BTC of $1.6B as of July 31, 2024 Fort Lauderdale, FL, Aug. 06, 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 and miner installation updates for July 2024. Management Commentary " ...

201 Blocks Won in July, 27% Increase M/M BTC Production of 692 BTC, 17% Increase M/M Increased BTC Holdings to 20,818 BTC; Total Cash and BTC of $1.6B as of July 31, 2024 Fort Lauderdale, FL, Aug. 06, 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 and miner installation updates for July 2024. Management Commentary " ...

Marathon Digital Holdings, Inc. (NASDAQ:MARA) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Robert Samuels - VP, IR Fred Thiel - Chairman & CEO Salman Khan - CFO Conference Call Participants Reggie Smith - J.P. Morgan Tyler DiMatteo - BTIG Lucas Pipes - B. Riley Securities Kevin Dede - H.C. Wainwright Operator Good day, ladies and gentlemen. Welcome to MARA's Second Quarter 2024 Earnings Webcast and Conference Call. I would now like to turn the call over to your host, Rober ...

Marathon Digital Holdings, Inc. (MARA) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -4.35%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced a loss of $0.06, delivering a surprise of -400%. Over the last four quarters, the c ...