Marathon Digital Holdings, Inc. (MARA)
| Market Cap | 5.23B |
| Revenue (ttm) | 259.16M |
| Net Income (ttm) | -371.06M |
| Shares Out | 222.63M |
| EPS (ttm) | -3.32 |
| PE Ratio | n/a |
| Forward PE | 6.17 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 144,949,654 |
| Open | 28.95 |
| Previous Close | 28.11 |
| Day's Range | 23.05 - 29.67 |
| 52-Week Range | 3.25 - 31.30 |
| Beta | 5.11 |
| Analysts | Buy |
| Price Target | 12.41 (-47.17%) |
| Earnings Date | Nov 8, 2023 |
About MARA
Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the blockchain ecosystem and the generation of digital assets in United States. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida. [Read more]
Financial Performance
In 2022, MARA's revenue was $117.75 million, a decrease of -26.02% compared to the previous year's $159.16 million. Losses were -$686.74 million, 1751.3% more than in 2021.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for MARA stock is "Buy." The 12-month stock price forecast is $12.41, which is a decrease of -47.17% from the latest price.
News
Crypto miner Marathon Digital's shares fall nearly 18%, on pace for worst day since January
Shares of crypto miner Marathon Digital Holdings fell nearly 18% to as low as $23.07 on Friday afternoon, putting the stock on pace for its worst day since Jan. 18 after logging an impressive rally ea...
Marathon Digital's stock reverses lower, is in danger of snapping record-long win streak
Shares of Marathon Digital Holdings Inc. MARA, +15.24% reversed course to fall 7.1% in premarket trading, to put them in danger of snapping a record-long win streak, as bitcoin BTCUSD, -1.27% also tur...
Crypto-Related Company Stocks Jump as Digital Currency Rally Continues
Stocks related to the cryptocurrency industry advanced Wednesday as Bitcoin (BTC) and most other digital currencies continued their recent rally.
Marathon Digital's stock more than doubles during record 11-day win streak
Shares of Marathon Digital Holdings Inc. MARA, +11.31% charged up 11.5% in midday trading Wednesday, to put them on track to extend their record win streak. The cryptocurrency miner's stock has run up...
Bitcoin's 2023 rally drove some of the stock market's biggest gains this year
Shares of Marathon Digital, Coinbase, MicroStrategy and the Grayscale Bitcoin Trust all jumped more than 300% in 2023, double the gains in bitcoin
2024 could turn into a ‘trader's market.' Here's how this strategist says you can make the most of that.
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Marathon Digital's stock rallies toward a record win streak, even as bitcoin falls
Shares of Marathon Digital Holdings Inc. MARA, +8.60% shot up 8.4% toward a 20-month high in midday trading Friday, to put them on track to extend their win streak to a record nine sessions. The crypt...
3 Charts For Investors to Watch Friday: Nike, Spotify, Marathon Digital
Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to eye.
Marathon Digital Holdings Adds Anchorage Digital Bank as a Bitcoin Custodian
Fort Lauderdale, FL, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has added A...
Marathon Digital's stock rallies toward longest daily win streak in 2 1/2 years, and record weekly win streak
Shares of Marathon Digital Holdings Inc. MARA, +3.62% rallied 3.4% in midday trading Wednesday, putting them on track for the highest close since April 2022, as bitcoin's BTCUSD, +2.90% 3.5% surge pro...
Marathon Digital Holdings Enters Definitive Agreement To Acquire Multiple Bitcoin Mining Sites for $179 Million
- First Fully Owned Sites Provide Immediate Expansion Opportunities, Operational Efficiencies, and Increase Marathon's Bitcoin Mining Portfolio 56% to 910 Megawatts of Capacity
Will the rally in crypto stocks continue into the new year?
One piece of good news for crypto investors is the Federal Reserve's indication that it will begin cutting interest rates in 2024. Higher interest rates can chase investors away from investments such ...
Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for November 2023
- Garden City Fully Energized; Grew Hash Rate to 23.7 EH/s - Produced 1,187 BTC in November 2023 and 10,999 BTC Year-to-Date - Combined Unrestricted Cash and Bitcoin Was $ 802.3 Million as of November...
Marathon Digital Holdings Reports Third Quarter 2023 Results
Fort Lauderdale, FL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, reported it...
Marathon Digital Holdings Continues International Expansion with 100% Renewably Powered Bitcoin Mining Project in Paraguay
1.1 EH/s To Be Powered by 27 MW of Hydro Energy near Itaipu Dam Fort Lauderdale, FL, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a lead...
Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for October 2023
- Produced 1,202 BTC in October 2023 and 9,812 BTC Year-to-Date - Garden City Energization Underway; Full 4.1 EH/s Expected by November Month-End - Combined Unrestricted Cash and Bitcoin Was $620 Mill...
Marathon Digital Holdings Announces Energization of Its First Bitcoin Mining Pilot Project Powered by Renewable, Off-Grid Energy from a Landfill
Fort Lauderdale, FL, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has entered...
Marathon Digital Holdings Schedules Conference Call for Third Quarter 2023 Financial Results
Earnings Webcast and Conference Call Set for Wednesday, November 8, 2023 at 4:30 p.m. ET Fort Lauderdale, FL, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marath...
Marathon Digital Holdings Adds New, Enterprise-Grade Bitcoin Custodian to Begin Diversifying Its Bitcoin Custody
Fort Lauderdale, FL, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, has added a...
Bitcoin's surge gives a boost to crypto-related stocks
Shares of companies in the cryptocurrency business rallied Monday to snap losing streak, as they got a boost from bitcoin's big gain. Marathon Digital Holdings Inc.'s stock MARA, -0.90% jumped 4.4%, R...
Bitcoin mined by Marathon Digital in September more than triples from last year
Shares of Marathon Digital Holdings Inc. surged Wednesday after the bitcoin miner said the bitcoin mined in September was more than triple that of a year ago, and up 16% from the month before.
Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for September 2023
- Increased Monthly Average Operational Hash Rate 20% - Produced 1,242 BTC in September 2023 and 8,610 BTC Year-To-Date - Record Monthly Share of Miner Rewards at 4.3% - Combined Unrestricted Cash and...
MSTR, BITO, MARA, RIOT stocks soar as BTC forms inverted H&S
MicroStrategy (NASDAQ: MSTR), ProShares Bitcoin Strategy ETF (BITO), and Grayscale Bitcoin Trust (GBTC) prices drifted upwards in the pre-market session on Monday as the Bitcoin rally continued. MSTR...
As the Marathon Digital (MARA) stock price slips, is it a good buy?
Marathon Digital (NASDAQ: MARA) stock price has been in a strong freefall in the past three months. The sell-off continued this week even as the price of Bitcoin held quite steady above $26,000.