Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies 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 founded in 2010 and is headquartered in Las Vegas, Nevada.
IPO Year:
Exchange: NASDAQ
Website: marathondh.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/6/2025 | $9.50 | Neutral → Sell | Compass Point |
3/7/2025 | $19.00 | Buy | Rosenblatt |
12/17/2024 | $34.00 | Overweight | Piper Sandler |
12/10/2024 | $12.00 → $23.00 | Underweight → Neutral | Analyst |
11/25/2024 | $27.00 | Equal Weight | Barclays |
11/21/2024 | $21.00 → $25.00 | Buy → Neutral | Compass Point |
10/10/2024 | $21.00 | Overweight | Cantor Fitzgerald |
9/25/2024 | $22.00 | Outperform | Macquarie |
1/17/2024 | $27.00 | Neutral → Buy | BTIG Research |
10/31/2023 | $8.30 | Mkt Perform | Bernstein |
Compass Point downgraded MARA Holdings Inc. from Neutral to Sell and set a new price target of $9.50
Rosenblatt initiated coverage of MARA Holdings Inc. with a rating of Buy and set a new price target of $19.00
Piper Sandler initiated coverage of MARA Holdings Inc. with a rating of Overweight and set a new price target of $34.00
Analyst upgraded MARA Holdings Inc. from Underweight to Neutral and set a new price target of $23.00 from $12.00 previously
Barclays initiated coverage of MARA Holdings Inc. with a rating of Equal Weight and set a new price target of $27.00
Compass Point downgraded MARA Holdings Inc. from Buy to Neutral and set a new price target of $25.00 from $21.00 previously
Cantor Fitzgerald initiated coverage of MARA Holdings Inc. with a rating of Overweight and set a new price target of $21.00
Macquarie initiated coverage of Marathon Digital Holdings with a rating of Outperform and set a new price target of $22.00
BTIG Research upgraded Marathon Digital Holdings from Neutral to Buy and set a new price target of $27.00
Bernstein initiated coverage of Marathon Digital Holdings with a rating of Mkt Perform and set a new price target of $8.30
Record High 282 Blocks Earned in May, 38% Increase M/M950 Bitcoin Produced, 35% Increase M/MIncreased BTC Holdings* to 49,179 BTC Fort Lauderdale, FL, June 03, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin mining, to monetize excess energy and optimize power management, today published unaudited bitcoin ("bitcoin" or "BTC") production updates for May 2025. Management Commentary "May was a record-breaking month for MARA with 282 blocks won, a 38% increase over April and a new monthly high," said Fred Thiel, MARA's chairman and C
Collaboration to focus on enabling flexible power demand and fulfillment for data centers with MARA power solution and PADO's Energy Orchestration platform SANTA CLARA, Calif. and FORT LAUDERDALE, Fla., May 28, 2025 /PRNewswire/ -- Global innovator LG Electronics has announced a collaboration between its newest LG NOVA-backed venture, PADO AI Orchestration, Inc. (PADO), designed to revolutionize energy management for data centers and MARA, a global leader in energy technology. In this collaboration, PADO and MARA will work together to develop power load balancing as a service to enable power demand flexibility to meet the increasing workloads driven by AI and technology growth.
Revenues increased 30% YoY to $214 millionBitcoin holdings increased 174% YoY to 47,531 from 17,320 at the end of Q1 2024 Fort Lauderdale, FL, May 08, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin mining, to monetize excess energy and optimize power management, today announced its first quarter 2025 financial results in a letter to shareholders. Investors are invited to access the first quarter 2025 shareholder letter at MARA's website at ir.mara.com. A copy of the letter will also be furnished to the Securities and Exchange Com
Energized Hash Rate Grew 5.5% to 57.3 EH/sIncreased BTC Holdings* to 48,237 BTC Fort Lauderdale, FL, May 05, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin ("bitcoin" or "BTC") mining, to monetize excess energy and optimize power management, today published unaudited bitcoin production updates for April 2025. Management Commentary "In April, our production saw a 15% month-over-month decrease in blocks won, as global hashrate had its second largest monthly gain on record and mining difficulty grew 8% from March," said Fred Thiel,
Earnings Webcast and Conference Call Set for Thursday, May 8, 2025 at 5:00 p.m. ET Fort Lauderdale, FL, April 23, 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, will hold a webcast and conference call on Thursday, May 8, 2025 at 5:00 p.m. Eastern time to discuss its financial results for the quarter ended March 31, 2025. Financial results will be published in a shareholder letter prior to the call on the investor relations section of the Company's website. To register to participate in the conference call or to listen to the live audio webcast, please use this
242 Blocks Won in March, 17% Increase M/MIncreased BTC Holdings* to 47,531 BTC Fort Lauderdale, FL, April 03, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support energy transformation, today published unaudited bitcoin ("bitcoin" or "BTC") production updates for March 2025. Management Commentary"In March, our production saw a 17% month-over-month increase in blocks won, even as global hashrate and mining difficulty grew," said Fred Thiel, MARA's chairman and CEO. "Our bitcoin holdings surpassed 47,000 BTC during March and the 242 blocks mined were the third most in a month on record. "MARAP
New York, New York, March 07, 2025 (GLOBE NEWSWIRE) -- GraniteShares, a leading provider of high-conviction exchange-traded funds (ETFs), is excited to announce the launch of two new leveraged ETFs: GraniteShares 2x Long MARA Daily ETF (MRAL) and GraniteShares 2x Long MRVL Daily ETF (MVLL). These funds, set to debut today, offer investors a way to express bullish views on MARA Holdings (NASDAQ:MARA) and Marvell Technology. (NASDAQ:MRVL) with amplified exposure. GraniteShares specializes in providing ETFs designed for sophisticated investors looking to capitalize on high-conviction opportunities. The new leveraged ETFs will seek daily investment results, before fees and expenses, of 200% o
BTC Production Per Day Increased 4% M/M206 Blocks Won in February, 6% Decrease M/MIncreased BTC Holdings* to 46,374 BTC Fort Lauderdale, FL, March 04, 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 bitcoin ("bitcoin" or "BTC") production updates for February 2025. Management Commentary "In February, our bitcoin production per day increased 4% over January," said Fred Thiel, MARA's chairman and CEO. "Blocks won and bitcoin production decreased by 6% month-over-month, primarily due to a higher network difficulty level and three fewer o
Record-high Revenue, Net Income, and Adjusted EBITDA for the full year and Q4 2024$28.8K direct energy cost per bitcoin for 2024 from owned sitesBTC yield per share of 62.9% for 2024 Fort Lauderdale, FL, Feb. 26, 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 announced its fourth quarter and full year 2024 financial results in a letter to shareholders. Investors are invited to access the fourth quarter 2024 shareholder letter at MARA's website at ir.mara.com. A copy of the letter will also be furnished to the Securities and Exchange Commission on a Form
Fort Lauderdale, FL, Feb. 18, 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, has closed its previously announced acquisition of a wind farm in Hansford County, Texas, with 240 megawatts of interconnection capacity and 114 megawatts of nameplate wind capacity. The site will utilize last-generation ASIC mining hardware that would have otherwise been written off or sold into the secondary market. By repurposing machines and energizing them with 100% renewable, zero-marginal energy cost, MARA is leveraging renewable resources that would have otherwise been curtailed