Marathon Digital Holdings, Inc. (MARA)
| Market Cap | 5.55B |
| Revenue (ttm) | 387.51M |
| Net Income (ttm) | 259.05M |
| Shares Out | 282.64M |
| EPS (ttm) | 1.06 |
| PE Ratio | 18.54 |
| Forward PE | 46.02 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 41,942,664 |
| Open | 19.71 |
| Previous Close | 20.09 |
| Day's Range | 19.48 - 20.66 |
| 52-Week Range | 7.16 - 34.09 |
| Beta | 5.39 |
| Analysts | Buy |
| Price Target | 19.83 (+0.92%) |
| Earnings Date | May 9, 2024 |
About MARA
Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem 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
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for MARA stock is "Buy." The 12-month stock price forecast is $19.83, which is an increase of 0.92% from the latest price.
News
Marathon Digital logs record earnings as it pushes past ‘operational challenges'
Marathon Digital Holdings Inc. said that it faced “operational challenges” in the latest quarter but managed nonetheless to take advantage of the cryptocurrency boom.
AMD, MicroStrategy, Meta, Marathon Digital, and Other Tech Stocks in Focus Today
Tech stocks were looking to build on the strong end to last week, edging higher early Monday. Crypto-exposed stocks enjoyed strong gains as Bitcoin's rebound continued.
Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for April 2024
- Average Operational Hash Rate Increases 15% M/M to 21.1 EH/s - Increased BTC Holdings to 17,631 BTC; Total Cash and BTC of $ 1.6 B as of April 30, 2024 - Increased End of Year 2024 Total Installed H...
Marathon Digital Holdings Increases 2024 Hash Rate Target to 50 Exahash
New 50 EH/s Target Represents Approximately 100% Growth in Hash Rate during Fiscal Year 2024 Fort Lauderdale, FL, April 25, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("M...
Marathon Digital Holdings Schedules Conference Call for First Quarter 2024 Financial Results
Earnings Webcast and Conference Call Set for Thursday, May 9, 2024 at 5:00 p.m. ET Fort Lauderdale, FL, April 24, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" o...
Marathon Digital Holdings Appoints Manoj Narender Madnani as Managing Director for EMEA Expansion
Fort Lauderdale, FL, April 15, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), one of the world's largest publicly traded Bitcoin miners and a leade...
Marathon Digital (MARA) Ahead of Bitcoin's Halving
Marathon Digital (MARA) is pulling back today. Alex Coffey and Ben Lichtenstein discuss why this may be happening.
Marathon Digital's Thiel on Bitcoin Halving, Mining Outlook
Marathon Digital CEO Fred Thiel says he's excited for Bitcoin's halving and discusses the state of Bitcoin mining and Marathon's growth strategy. He speaks on "Bloomberg Crypto.
Marathon Digital Holdings Appoints Vicki Mealer-Burke to Its Board of Directors
Fort Lauderdale, FL, April 05, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), one of the world's largest publicly traded Bitcoin miners and a leade...
Why is MARA stock in news among crypto enthusiasts ahead of Bitcoin halving?
Marathon Digital (NASDAQ: MARA) has been gaining attention among crypto enthusiasts and investors alike, especially with the anticipation surrounding the upcoming Bitcoin halving event. As Bitcoin (BT...
Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for March 2024
- Increased BTC Holdings to 17,381 BTC; Total Cash and BTC of $1.6B as of March 31, 2024
Marathon Digital Holdings Announces the Closing of its Acquisition of a 200-Megawatt Bitcoin Mining Data Center Adjacent to a Wind Farm
Fort Lauderdale, FL, April 02, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), one of the world's largest publicly traded Bitcoin miners and a leade...
Marathon Digital's Stock Price Outpaces Bitcoin's 150% Rise As ‘Halving' Looms
In the last year, Bitcoin's price has soared 150% to $70,282. That increase is slightly below the 158% appreciation of Las Vegas-based crypto miner Marathon Digital's stock.
Marathon Digital Holdings Releases Industry-Leading Bitcoin Mining Firmware and Control Board
Firmware and Control Board Designed To Improve the Performance, Efficiency, and Stability of Bitcoin Mining Rigs Now Publicly Available
Large-scale bitcoin miners are competing head on with AI companies for power: Marathon Digital CEO
Fred Thiel, Marathon Digital CEO, joins 'Closing Bell Overtime' to discuss volatility in bitcoin, the state of bitcoin mining, power needs for bitcoin mining and more.
Marathon Digital Boosts Mining Output With New Purchase
Marathon Digital Holdings is buying a bitcoin mining center in Garden City, Texas for about $87 million. Marathon CEO Fred Thiel says this will help lower costs and boost output.
Marathon Digital Holdings Enters Definitive Agreement To Acquire 200-Megawatt Bitcoin Mining Data Center Adjacent to a Wind Farm
All Cash Acquisition To Increase Marathon's Bitcoin Mining Portfolio to 1.1 Gigawatts, 54% of which Will Reside on Sites Directly Owned and Operated by the Company
Coinbase, MicroStrategy and Other Crypto Stocks Drop as Bitcoin Plunges
Bitcoin prices dropped near 10%, dragging down shares in crypto-exposed companies that had rallied in step with digital assets.
AMZN, META, MARA, RIOT: Stocks to Watch
Amazon (AMZN), Meta Platforms (META), and Bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) are today's big stocks. Stephen “Sarge” Guilfoyle and Rick Ducat discuss the technical trends...
Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for February 2024
- Increased Energized Hash Rate 9% M/M to 28.7 EH/s - Increased BTC Holdings to 16,930 BTC; Total Cash and BTC of $1.5B as of February 29, 2024 Fort Lauderdale, FL, March 05, 2024 (GLOBE NEWSWIRE) -- ...
Bitcoin Climbs, While Marathon Digital (MARA) Is Left Behind
Marathon Digital (MARA) falls after mixed 4Q earnings. Its 4Q adjusted EPS came in at $0.02 versus an estimated $0.05 and its revenue came in at $156.77M versus an estimated $138.15M.
Bitcoin Miner Marathon Digital Posts a Profit. Why the Stock Is Falling After Earnings.
The drop follows an impressive run that tracked Bitcoin's price higher.
Marathon Digital swings to a profit, but its stock falls after earnings
Marathon Digital Holdings Inc.'s stock has been on a big run over the past month, but that was set to cool after the company's latest results.
Marathon Digital Holdings Reports Fourth Quarter and Fiscal Year 2023 Results
- Revenues Increase 229% to a Record $388 Million in 2023 - Net Income Improves to $261.2 Million, or $1.06 per Diluted Share, in 2023 - Adjusted EBITDA Improves to $419.9 Million in 2023 - BT...
Bitcoin-related stocks, ETFs rise as the crypto approaches new record high
Bitcoin-related stocks and funds rose on Tuesday, as the cryptocurrency's price climbed above $57,000 to the highest level seen since it hit an all-time high in November 2021.