Marathon(MARA)

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Marathon Digital Holdings, Inc. (MARA) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-01-21 23:56
Marathon Digital Holdings, Inc. (MARA) closed at $19.56 in the latest trading session, marking a -1.76% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.88% for the day. On the other hand, the Dow registered a gain of 1.24%, and the technology-centric Nasdaq increased by 0.65%.Heading into today, shares of the company had gained 3.43% over the past month, outpacing the Business Services sector's gain of 0.03% and the S&P 500's gain of 1.17% in that time.The investme ...
Two stocks to watch as Donald Trump takes office today
Finbold· 2025-01-20 17:30
As Donald Trump takes the oath of office today, investors are closely monitoring the market, with expectations running high for policy changes that could reshape the economic landscape.The agenda, centered on tax cuts, trade reforms, and deregulation, has already sparked optimism in certain sectors. Yet, concerns linger over his tariff-focused trade policies, which could create ripple effects across both domestic and global markets.With Trump expected to outline his priorities during the inaugural address, ...
Marathon Stock's 3-Month Consolidation: A Buying Opportunity?
ZACKS· 2025-01-14 18:51
Core Viewpoint - Marathon Digital Holdings, Inc. (MARA) has underperformed in the bitcoin-mining sector, gaining only 1.3% over the past three months compared to the industry's 18% rally, with competitors like Riot Platforms, Inc. (RIOT) and HuT 8 Corp. (HUT) gaining 34% and 95% respectively [1][4]. Group 1: Market Conditions and Strategic Positioning - The stock is expected to benefit from a potentially pro-digital asset regulatory environment following Donald Trump's election victory, which could reduce compliance hurdles and encourage investments in the cryptocurrency sector [4][5]. - MARA is enhancing its mining capacity, having increased its interconnect-approved capacity by 372 MW across three Ohio data centers, and acquired facilities at a cost significantly below the industry average [6][7]. - The company is developing a greenfield facility in Ohio, expected to add 150 MW of capacity, which supports its growth strategy and reduces reliance on third-party providers [7]. Group 2: Financial Performance and Projections - The Zacks Consensus Estimate for MARA's 2024 revenues is $629 million, indicating a 62.3% growth from the previous year, with a projected increase of 50.5% in 2025 [11][12]. - Despite strong revenue growth prospects, MARA is expected to report a loss of 29 cents per share in 2024, compared to earnings of 17 cents in 2023, indicating profitability pressures [13]. - The company's current ratio stands at 4, significantly above the industry average of 2.16, indicating strong liquidity and financial flexibility to pursue growth opportunities [10]. Group 3: Investment Appeal - MARA's dual strategy of combining immediate revenue generation with long-term asset accumulation positions it favorably for growth, appealing to investors seeking exposure to the cryptocurrency market [8][9]. - The stock's recent consolidation phase may present an attractive entry point for investors optimistic about the cryptocurrency sector, supported by strategic expansions and favorable market conditions [15][16].
MARA Holdings: Should Shorts Be Worried? (Rating Upgrade)
Seeking Alpha· 2025-01-11 10:05
Stock Performance - The stock price of MARA Holdings experienced significant volatility, rising from just under $18 per share to nearly $30 before falling back below $18 within three months [1] Analyst Position - The analyst holds a beneficial long position in MARA, BTC-USD, and CLSK through various investment instruments [1] Article Context - The article represents the analyst's personal opinions and is not compensated by any company mentioned [1] - The analyst has no business relationship with any of the companies discussed in the article [1]
MARA Announces Bitcoin Production and Mining Operation Updates for December 2024
GlobeNewswire· 2025-01-03 13:05
Energized Hash Rate Increased 15% to 53.2 EH/sIncreased BTC Holdings to 44,893 BTC2024 BTC Yield Per Share of 62.7% Fort Lauderdale, FL, Jan. 03, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today published unaudited BTC production and miner installation updates for December 2024. Management Commentary"In December, we surpassed our year-end hash rate target of 50 EH/s while imp ...
MARA Announces Bitcoin Production and Mining Operation Updates for December 2024
Newsfilter· 2025-01-03 13:05
Energized Hash Rate Increased 15% to 53.2 EH/sIncreased BTC Holdings to 44,893 BTC2024 BTC Yield Per Share of 62.7% Fort Lauderdale, FL, Jan. 03, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today published unaudited BTC production and miner installation updates for December 2024. Management Commentary"In December, we surpassed our year-end hash rate target of 50 EH/s while imp ...
Marathon Digital Stock is Consolidating: Right Time to Enter?
ZACKS· 2024-12-19 21:00
Marathon Digital Holdings, Inc. (MARA) stock is in a consolidation phase. It has declined 8% year to date but has gained 5% over the past six months. The stock has climbed 39% in the last three months, while it has dipped 8% in the past month.Over the past three months, MARA has underperformed its competitors in the bitcoin-mining space. Riot Platforms, Inc. (RIOT) has gained 61% and HuT 8 Corp. (HUT) has rallied 127% over the same period.Let’s analyze how MARA is doing to determine whether its current leve ...
What Makes Marathon Digital (MARA) a New Buy Stock
ZACKS· 2024-12-13 18:00
Marathon Digital Holdings, Inc. (MARA) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the ...
Kuehn Law Encourages Investors of MARA Holdings, Inc. to Contact Law Firm
Prnewswire· 2024-12-12 21:28
Legal Investigation - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of MARA Holdings, Inc (NASDAQ: MARA) [1] - The investigation focuses on potential self-dealing, which may entitle shareholders to damages and corporate governance reforms [1] Shareholder Participation - Long-term MARA stockholders are encouraged to contact Justin Kuehn, Esq for a free consultation and case evaluation [2] - Shareholder participation is crucial for maintaining the integrity and fairness of financial markets [3] Contact Information - Kuehn Law, PLLC is located at 53 Hill Street, Suite 605, Southampton, NY 11968 [4] - Contact details include email at [email protected] and phone number (833) 672-0814 [4]
MARA Holdings, Inc. Completes $850 Million Offering of Zero-Coupon Convertible Senior Notes due 2031
GlobeNewswire News Room· 2024-12-04 22:00
Proceeds to be used primarily to acquire bitcoin and repurchase existing convertible notes due 2026 Fort Lauderdale, FL, Dec. 04, 2024 (GLOBE NEWSWIRE) -- MARA 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 on December 4, 2024 of its offering of 0.00% convertible senior notes due 2031 (the “notes”). The aggregate principal amount of the notes sold in the offering was $850 million. ...