UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the transition period from _______to______ Commission File Number: 001-36555 MARATHON DIGITAL HOLDINGS, INC. (Exact name of registrant as specified in charter) | --- | |-------------------- ...

Exhibit 99.1 MARA Reports Second Quarter 2024 Results – Revenues Increase 78% to $145.1 Million – Fair Market Value Loss of $148.0 Million, Resulting in Net Loss of $199.7 Million, or $0.72 Loss per Diluted Share – Adjusted EBITDA Decreases to a Loss of $85.1 Million Fort Lauderdale, FL – August 1, 2024 – MARA (NASDAQ:MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, reported its financial and operational results for the quarter ended ...

- Revenues Increase 78% to $145.1 Million - Fair Market Value Loss of $148.0 Million, Resulting in Net Loss of $199.7 Million, or $0.72 Loss per Diluted Share - Adjusted EBITDA Decreases to a Loss of $85.1 Million Year-Over-Year Comparison Prior Quarter Comparison Metric(1) Q2 2024 Q2 2023 % Δ Q2 2024 Q1 2024 % Δ Fort Lauderdale, FL, Aug. 01, 2024 (GLOBE NEWSWIRE) -- MARA (NASDAQ:MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, report ...

- Revenues Increase 78% to $145.1 Million - Fair Market Value Loss of $148.0 Million, Resulting in Net Loss of $199.7 Million, or $0.72 Loss per Diluted Share - Adjusted EBITDA Decreases to a Loss of $85.1 Million Year-Over-Year Comparison Prior Quarter Comparison Metric(1) Q2 2024 Q2 2023 % Δ Q2 2024 Q1 2024 % Δ Fort Lauderdale, FL, Aug. 01, 2024 (GLOBE NEWSWIRE) -- MARA (NASDAQ:MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, report ...

Shares of the company have appreciated by 6.71% over the course of the past month, outperforming the Business Services sector's loss of 1.69% and the S&P 500's loss of 0.26%. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.12 per share and revenue of $687.17 million, which would represent changes of -29.41% and +77.33%, respectively, from the prior year. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performa ...

The earnings report, which is expected to be released on August 1, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $161.04 million, up 97% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.95% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collecti ...

This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words "may," "will," "could," "anticipate," "expect," "intend," "believe," "continue," "target" and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all forward-looking statements contain these identify ...

"Adopting a full HODL strategy reflects our confidence in the long-term value of bitcoin," said Fred Thiel, MARA's chairman and CEO. "We believe bitcoin is the world's best treasury reserve asset and support the idea of sovereign wealth funds holding it. We encourage governments and corporations to all hold bitcoin as a reserve asset." Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking s ...

With only four months before the presidential election, President Joe Biden has dropped out, endorsing Vice President Kamala Harris for president. However, with the odds favoring a second term for Donald Trump, it's time to buy Trump victory stocks. Cryptocurrencies could also do well, especially with Trump's pro-crypto running mate, Senator J.D. Vance. Plus, Trump is also bullish on cryptocurrencies, referring to himself as pro-crypto. That being said, here are a few top stocks that you may want to buy and ...

Earnings Webcast and Conference Call Set for Thursday, August 1, 2024 at 5:00 p.m. ET To register to participate in the conference call or to listen to the live audio webcast, please use this link. The webcast will also be broadcast live and available for replay via the investor relations section of the Company's website. Earnings Webcast and Conference Call Details Date: Thursday, August 1, 2024 Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time) Registration link: LINK About MARA For more information, v ...