Core Insights - MARA Holdings experienced a 16.3% increase in share price in April 2025, driven by rising Bitcoin prices which enhanced the value of its assets [1] - The company's Bitcoin holdings grew from 47,531 to 48,237 coins within a month, with a dollar value increase from $3.91 billion to $4.55 billion, marking a 16.1% rise [2] - MARA has significantly expanded its mining capacity, doubling electric power service from 50 to 100 megawatts at its Ohio data center and installing 12,000 mining machines, resulting in a 5.5% increase in active mining capacity [3] Industry Context - The Bitcoin mining sector is facing increased competition and higher calculation difficulty, which has led to a slight decrease in Bitcoin production for MARA in April 2025 compared to the previous year [5] - The recent halving event in April 2024 has halved mining rewards, impacting MARA's coin production and necessitating greater effort to maintain output levels [6] - As a major Bitcoin holder and leading mining operation, MARA is positioned to gain market share as smaller competitors may be forced to exit the market due to these challenges [6]

As filed with the Securities and Exchange Commission on December 5, 2023 Registration No. 333-272743 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 7 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Prairie Operating Co. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Edward Kovalik Chief Executive Officer 602 Sawyer Street, ...

AMENDMENT NO. 6 TO FORM S-1 REGISTRATION STATEMENT UNDER As filed with the Securities and Exchange Commission on November 17, 2023 Registration No. 333-272743 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 THE SECURITIES ACT OF 1933 Prairie Operating Co. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Delaware 6199 98-0357690 (I.R.S. Employer Identification ...

As filed with the Securities and Exchange Commission on November 3, 2023 Registration No. 333-272743 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 5 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Delaware 6199 98-0357690 (I.R.S. Employer Identification No.) Prairie Operating Co. (Exact Name of Registrant as Specified in its Chart ...

As filed with the Securities and Exchange Commission on October 24, 2023 Registration No. 333-272743 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 4 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Prairie Operating Co. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Delaware 6199 98-0357690 (I.R.S. Employer Identification N ...

As filed with the Securities and Exchange Commission on September 5, 2023 Registration No. 333-272743 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 3 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Prairie Operating Co. (Exact Name of Registrant as Specified in its Charter) Approximate date of commencement of proposed sale to the public: From time to time after the effective date of this registration statement. (State or Other Jurisdiction of Incor ...

As filed with the Securities and Exchange Commission on August 24, 2023 Registration No. 333-272743 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Prairie Operating Co. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) Delaware 6199 98-0357690 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No ...

As filed with the Securities and Exchange Commission on July 27, 2023 Registration No. 333-272743 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Prairie Operating Co. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) Delaware 6199 98-0357690 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) ...

As filed with the Securities and Exchange Commission on June 16, 2023 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Prairie Operating Co. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) Delaware 6199 98-0357690 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 8636 N. Classen Boulevar ...