MARA Holdings Balance Sheet Health
Finanzielle Gesundheit Kriterienprüfungen 1/6
MARA Holdings hat ein Gesamteigenkapital von $2.3B und eine Gesamtverschuldung von $2.4B, was einen Verschuldungsgrad von 103.6% ergibt. Die Gesamtaktiva und Gesamtpassiva betragen $4.9B bzw. $2.6B.
Wichtige Informationen
103.55%
Verhältnis von Schulden zu Eigenkapital
US$2.42b
Verschuldung
| Zinsdeckungsgrad | n/a |
| Bargeld | US$513.65m |
| Eigenkapital | US$2.33b |
| Gesamtverbindlichkeiten | US$2.62b |
| Gesamtvermögen | US$4.95b |
Jüngste Berichte zur Finanzlage
Keine Aktualisierungen
Recent updates
Narrativ-Update • May 19
MARA Holdings – $1.5bn Acquisition of Long Ridge Energy
Transformational Expansion into AI Infrastructure, Power Generation & Digital Compute Ecosystems Analyst: Qudus Adebara (Head of Equity, Wane Trading Club) Transaction Overview MARA Holdings Inc has entered into a definitive agreement to acquire Long Ridge Energy & Power LLC from FTAI Infrastructure Inc in a transaction valued at approximately US$1.5 billion , including assumed debt. The acquisition marks a major strategic shift for MARA beyond Bitcoin mining into: AI infrastructure High-performance computing (HPC) Integrated energy and digital infrastructure development Transaction Highlights Deal Value Total transaction value: ~US$1.5 billion Includes assumption of at least: US$785 million debt Core Assets Acquired The transaction includes: 505 MW combined-cycle gas power plant (CCGT) 1,600+ acres of contiguous land Integrated digital infrastructure campus Water, fiber, fuel supply, rail infrastructure, and grid interconnection assets Location Hannibal, Ohio Positioned within: PJM Interconnection market One of the most active AI and data center infrastructure corridors in the U.S. Expected Closing Second half of 2026 Subject to: Hart-Scott-Rodino approval Federal Energy Regulatory Commission (FERC) approval Other customary conditions Strategic Rationale 1.
Narrativ-Update • May 03
MARA: Bitcoin Volatility And Slow AI Leases Will Pressure Power-Heavy Margins
Analysts have raised the fair value estimate on MARA Holdings to $8.50 from $8.00, citing updated assumptions around discount rates, profitability and long term P/E multiples that reflect recent mixed but generally constructive price target moves across the Street. Analyst Commentary Recent Street research around MARA Holdings reflects a mixed setup, with some firms lifting price targets while others emphasize risks around execution, the balance between bitcoin mining and new business lines, and the pace of AI and data center initiatives.Seeking Alpha • Apr 27
MARA Holdings: De-Risking The Balance Sheet For The AI Boom
Summary MARA Holdings reported a difficult quarter, with a $1.7 billion net loss and revenue of $202.3 million, missing analyst expectations. MARA recently unveiled plans to revamp its capital structure, starting with a major Bitcoin sale. MARA is aggressively pivoting to AI and HPC, highlighted by a Starwood joint venture targeting over 1 GW of data center capacity. The acquisition of Exaion further strengthens MARA's technical capabilities in enterprise AI, signaling a strategic diversification beyond Bitcoin mining. Read the full article on Seeking AlphaNarrativ-Update • Apr 23
MARA Holdings Inc. – Strategic Expansion into AI, HPC Infrastructure and Data Center Scale
MARA Holdings Inc. has accelerated its transition from a Bitcoin mining-focused company into a broader digital infrastructure platform through a series of strategic investments, acquisitions, and partnerships spanning AI, high-performance computing (HPC), and data center operations.Narrativ-Update • Apr 21
MARA Holdings Inc. Delivers Strong Q3 2025 Turnaround as Bitcoin Price Surge, Hash Rate Expansion, and Energy Strategy Drive Profitability
Analyst: Qudus Adebara (Head of Research, Wane Trading Club) Executive Summary MARA Holdings Inc. recorded a strong financial turnaround in Q3 2025 , supported by surging Bitcoin prices, significant expansion in energized hash rate, and disciplined capital deployment.
Narrativ-Update • Apr 18
MARA: AI Data Center Expansion Will Drive Future Optional Upside Potential
Analysts have trimmed the price target for MARA Holdings by $1, reflecting updated assumptions for a slightly lower fair value and P/E multiple as they weigh bitcoin exposure against the company’s push into high performance computing and AI related infrastructure. Analyst Commentary Street research on MARA Holdings has recently tilted cautious, with several bearish analysts cutting price targets and reassessing the balance between bitcoin mining exposure and the move into high performance computing and AI related infrastructure.Narrativ-Update • Mar 21
MARA: AI And Data Center Shift Will Drive Future Upside Potential
Analysts have reset expectations for Mara Holdings with a large cut in the average price target. They generally cite weaker bitcoin assumptions, mixed execution on the shift toward high performance computing and AI, and ongoing uncertainty around how quickly new data center partnerships will translate into meaningful revenue.Narrativ-Update • Mar 07
MARA: AI Data Center Pivot Is Expected To Unlock Future Upside
Analysts have cut their blended fair value estimate for Mara Holdings by about $5.85 to $16.57, reflecting lower bitcoin price assumptions, reduced revenue growth expectations, and a view that the company's pivot to high performance computing and AI driven data centers introduces additional execution risk, even as it improves projected profit margins and trims the future P/E multiple. Analyst Commentary Recent Street research on Mara Holdings has tilted more cautious, with several firms trimming price targets and one downgrade to Neutral.Narrativ-Update • Mar 05
MARA Holdings, Inc. Partners with Starwood Capital Group to Build Next-Generation Digital Infrastructure
Author: Qudus Adebara (Founder of Wane Investment House) Executive Summary MARA Holdings, Inc. has entered a strategic partnership with Starwood Capital Group and its data center platform, Starwood Digital Ventures (SDV) , to convert and expand select MARA sites into next-generation digital infrastructure.Narrativ-Update • Feb 21
MARA: West Texas Power Scale Will Face Softer Margins Under Tightening Crypto Rules
Analysts have lowered their price target on Mara Holdings to $8.00 from $11.25, citing updated assumptions that include a higher implied revenue decline, slightly softer profit margins, and a reduced forward P/E multiple despite a modestly lower discount rate. Analyst Commentary Recent research around Mara Holdings has tilted more cautious, with several bearish analysts resetting expectations through lower price targets and more conservative assumptions.Narrativ-Update • Feb 07
MARA: Vertically Integrated Expansion Will Support West Texas Power Capacity Under Evolving Crypto Rules
The analyst price target for MARA Holdings has been reduced by $1.75 to $11.25, as analysts factor in a higher discount rate, slightly softer long term profit margin assumptions, and a lower future P/E multiple following recent sector and company specific research updates. Analyst Commentary Recent street research on MARA Holdings shows a mix of views, but there are clear pockets of caution that focus on valuation, execution, and growth risks.
Narrativ-Update • Jan 24
MARA: Vertically Integrated Model Will Drive Future Upside From Recent Power Deal
Analysts have lifted their fair value estimate for MARA Holdings to $30 from $28, reflecting updated assumptions for slower revenue growth and slimmer profit margins, a higher discount rate, and a materially higher future P/E multiple. Analyst Commentary Street research on MARA Holdings has been mixed, but there are several clearly bullish signals that help explain why some investors are willing to underwrite a higher fair value, even with more conservative growth and margin assumptions.Narrativ-Update • Jan 09
MARA: Vertically Integrated Expansion Will Drive West Texas Power And Capacity Story
Analysts have updated their view on MARA Holdings to reflect a fair value of US$13.00, with a higher discount rate, a swing to a 6.64% revenue decline assumption, and a very large future P/E multiple. They cite mixed Street targets that range from US$16 to US$30 and varied opinions on execution timing and bitcoin sensitivity.Narrativ-Update • Dec 26
MARA: Vertical Integration And Power Buildout Are Expected To Unlock Future Upside
The analyst price target for Mara Holdings has been reduced by approximately $1.55 per share as analysts temper long term revenue growth and valuation assumptions, despite acknowledging the company's strategic shift toward vertical integration and recent rating upgrades. Analyst Commentary Analyst commentary on Mara Holdings reflects a mixed but evolving view as the company pivots toward a more vertically integrated model and faces ongoing sensitivity to bitcoin price assumptions.Narrativ-Update • Dec 18
MARA Accelerates Transformation with AI & HPC Expansion and Strategic MPLX Energy Partnership
Author: Qudus Adebara (Founder of Wane Investment House, Nigeria) MARA Holdings Inc. is executing a strategic pivot from a pure-play Bitcoin miner to a vertically integrated digital infrastructure company , anchored on AI & High-Performance Computing (HPC) expansion and energy-backed data center development.Narrativ-Update • Dec 12
MARA: Vertically Integrated Buildout Will Test Execution Amid Heightened Crypto Regulatory Backdrop
Analysts have trimmed their fair value estimate for MARA Holdings to $13, down from $18, as they factor in slower projected revenue growth, a higher discount rate, and execution that continues to lag vertically integrated mining peers despite the potential of its evolving strategy. Analyst Commentary Recent Street research on MARA Holdings reflects a mixed but increasingly nuanced view of the company, with the latest actions underscoring both the upside tied to bitcoin leverage and the persistent concerns around execution and capital deployment.Narrativ-Update • Nov 23
MARA: Future Integration Efforts Are Expected To Unlock Shareholder Value
Analysts have lowered their price target for MARA Holdings from $18 to $16, citing reduced future revenue and EBITDA forecasts. They also noted ongoing uncertainties around the company’s shift to a more vertically integrated business model.Narrativ-Update • Nov 01
MARA: Expanding Industry Leadership Will Drive Long-Term Sector Opportunity
The analyst price target for MARA Holdings has increased slightly from $23.78 to $24.14, as analysts cite the company's industry leadership while noting a more cautious outlook following revised expectations for revenue growth and profit margins. Analyst Commentary Recent analyst reports offer a mixed view on MARA Holdings, highlighting both optimism and caution in their assessments.Narrativ-Update • Oct 18
AI Infrastructure And Renewable Energy Will Unlock New Markets
The analyst price target for MARA Holdings has increased from $34 to $39 per share, reflecting analysts' confidence in the company's growing bitcoin treasury and its strong capital market position. Analyst Commentary Recent research updates highlight renewed optimism among analysts regarding MARA Holdings, as reflected in higher price targets and continued favorable ratings.Narrativ-Update • Sep 04
AI Infrastructure And Renewable Energy Will Unlock New Markets
With no analyst reasoning provided and the top valuation metrics—Discount Rate (9.73%) and Net Profit Margin (3.98%)—remaining stable, MARA Holdings’ consensus analyst price target is unchanged at $23.87. What's in the News The White House has issued an order directing regulators to expand 401(k) access to crypto and other alternative investments, increasing risk exposure in retirement portfolios (Reuters, 2025-08-10).Analyseartikel • Jul 17
MARA Holdings, Inc.'s (NASDAQ:MARA) 27% Jump Shows Its Popularity With Investors
Despite an already strong run, MARA Holdings, Inc. ( NASDAQ:MARA ) shares have been powering on, with a gain of 27% in...Seeking Alpha • Jan 23
MARA Holdings: Trump Trade That Wasn't; Buying Aggressively After Inauguration
Summary Marathon Holdings is a top crypto miner with substantial Bitcoin holdings, yet its stock has moved sideways despite Bitcoin's rally. MARA is undervalued, trading at 1.34x its Bitcoin value, with significant upside potential as Bitcoin prices are expected to rise in 2025. MARA boasts the highest hash rate and strong operational performance, making it a best-in-class miner with diversification efforts in Bitcoin lending. Despite risks in the competitive mining industry, MARA's strategic position and bullish technical indicators make it a Strong Buy. Read the full article on Seeking AlphaAnalyse der Finanzlage
Kurzfristige Verbindlichkeiten: MARADie kurzfristigen Aktiva des Unternehmens ($611.1M) übersteigen seine kurzfristigen Passiva ($331.5M).
Langfristige Verbindlichkeiten: MARADie kurzfristigen Vermögenswerte des Unternehmens ($611.1M) decken seine langfristigen Verbindlichkeiten ($2.3B) nicht.
Geschichte und Analyse des Verhältnisses von Schulden zu Eigenkapital
Verschuldungsgrad: MARADie Nettoverschuldung im Verhältnis zum Eigenkapital (81.5%) wird als hoch angesehen.
Schulden abbauen: MARADas Verhältnis von Schulden zu Eigenkapital ist in den letzten 5 Jahren von 0.01% auf 103.6% gestiegen.
Bilanz
Liquiditätsreserve-Analyse
Bei Unternehmen, die in der Vergangenheit im Durchschnitt Verluste gemacht haben, wird geprüft, ob sie über einen Liquiditätsvorlauf von mindestens einem Jahr verfügen.
Stabile Start- und Landebahn für Bargeld: Unzureichende Daten, um festzustellen, ob MARA auf der Grundlage seines derzeitigen freier Cashflows über genügend Liquidität verfügt.
Vorhersage Cash Runway: Unzureichende Daten, um festzustellen, ob MARA über genügend Cash Runway verfügt, wenn sein freier Cashflow auf der Grundlage historischer Raten weiter wächst oder schrumpft.
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Unternehmensanalyse und Finanzdaten Status
| Daten | Zuletzt aktualisiert (UTC-Zeit) |
|---|---|
| Unternehmensanalyse | 2026/05/21 22:46 |
| Aktienkurs zum Tagesende | 2026/05/21 00:00 |
| Gewinne | 2026/03/31 |
| Jährliche Einnahmen | 2025/12/31 |
Datenquellen
Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.
| Paket | Daten | Zeitrahmen | Beispiel US-Quelle * |
|---|---|---|---|
| Finanzdaten des Unternehmens | 10 Jahre |
| |
| Konsensschätzungen der Analysten | +3 Jahre |
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| Marktpreise | 30 Jahre |
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| Eigentümerschaft | 10 Jahre |
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| Verwaltung | 10 Jahre |
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| Wichtige Entwicklungen | 10 Jahre |
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* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.
Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.
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Analysten-Quellen
MARA Holdings, Inc. wird von 24 Analysten beobachtet. 9 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.
| Analyst | Einrichtung |
|---|---|
| Ramsey El-Assal | Barclays |
| Gautam Chhugani | Bernstein |
| Gregory Lewis | BTIG |