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MARA

Marathon Digital Holdings NasdaqCM:MARA Stock Report

Last Price

US$7.10

Market Cap

US$827.2m

7D

-1.5%

1Y

-73.0%

Updated

07 Feb, 2023

Data

Company Financials +

Marathon Digital Holdings, Inc.

NasdaqCM:MARA Stock Report

Mkt Cap: US$827.2m

MARA Stock Overview

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.

MARA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health2/6
Dividends0/6

My Notes

New

Notes are coming soon

Marathon Digital Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Marathon Digital Holdings
Historical stock prices
Current Share PriceUS$7.10
52 Week HighUS$32.74
52 Week LowUS$3.11
Beta5.11
1 Month Change73.59%
3 Month Change-26.12%
1 Year Change-73.03%
3 Year Change501.69%
5 Year Change-27.85%
Change since IPO-93.24%

Recent News & Updates

Marathon Digital reaches $24M settlement with ex-CEO Merrick Okamoto

Oct 17

Recent updates

Marathon Digital reaches $24M settlement with ex-CEO Merrick Okamoto

Oct 17

Marathon Digital: Bitcoin Miner Investors Should Look Elsewhere

Sep 29

Why Marathon Digital Holdings Remains Compelling

Sep 13

Bitcoin mining stocks start off September on a down note

Sep 01

Marathon Digital: Buy This Bitcoin Mining Stock During Crypto Crash

Aug 23

Is Riot Blockchain's Strategy Beating Marathon Digital's?

Aug 12

Analysts Have Lowered Expectations For Marathon Digital Holdings, Inc. (NASDAQ:MARA) After Its Latest Results

Aug 12
Analysts Have Lowered Expectations For Marathon Digital Holdings, Inc. (NASDAQ:MARA) After Its Latest Results

Marathon Digital expands credit facilities with Silvergate to boost funding options

Aug 01

Marathon Digital Holdings, Inc. (NASDAQ:MARA) Analysts Are More Bearish Than They Used To Be

Aug 01
Marathon Digital Holdings, Inc. (NASDAQ:MARA) Analysts Are More Bearish Than They Used To Be

Marathon Digital: Short Squeeze In Progress

Jul 20

These Analysts Think Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) Sales Are Under Threat

Jul 07
These Analysts Think Marathon Digital Holdings, Inc.'s (NASDAQ:MARA) Sales Are Under Threat

Marathon Digital: Massive Hashrate In A Bitcoin Bear Market

Jun 22

Great Caution Against Marathon Digital

Jun 15

Buy Low Bitcoin Play: Marathon Digital's Waning Production Set For Major Reversal

May 11

Marathon Digital Poised For Big Surge Once Bitcoin Bottoms Out

May 05

Marathon Digital: Buy The Dip Before The Next Bitcoin Halving

Apr 19

Is Marathon Digital A Good Stock To Buy For Exposure To Crypto?

Apr 01

Marathon Digital Looks Poised For A Reversal Rally

Mar 14

Why Marathon Digital Deserves Serious Consideration

Mar 08

The Crypto Rally: Marathon Digital Is The Best Bitcoin Mining Stock To Buy

Feb 11

Marathon Digital: Buy The Dip Before Bitcoin Fear Turns Into Greed

Jan 21

Marathon Digital Is Inexplicably Cheap

Dec 27

Marathon Digital: An Uphill Battle

Dec 13

After a Pullback, Marathon Digital (NASDAQ:MARA) Presents a High Risk - High Reward Opportunity

Nov 16
After a Pullback, Marathon Digital (NASDAQ:MARA) Presents a High Risk - High Reward Opportunity

Marathon Digital Stock: More Upside With A Breakout In Bitcoin

Oct 19

Marathon Digital's Mining Investments Could Finally Be Bearing Fruit For Investors

Oct 05

MARA: Just Invest In Bitcoin Directly Given MARA's Current Valuation

Sep 17

We Think Marathon Digital Holdings (NASDAQ:MARA) Can Easily Afford To Drive Business Growth

Sep 14
We Think Marathon Digital Holdings (NASDAQ:MARA) Can Easily Afford To Drive Business Growth

Marathon Digital: Earn A 25% Annualized Yield Betting On This Leading Bitcoin Miner

Sep 01

Marathon Digital Holdings: Massive Hashrate Growth Will Likely Lift The Stock

Aug 05

Marathon Digital Undervalued On Conservative Hash Share, BTC Price And Costs Projections

Jul 21

Marathon Digital: Growth Outlook Keeps Us Bullish

Jun 30

Marathon Digital Holdings: A Leveraged Bitcoin Play With A Valuation Framework

Jun 22

Marathon Digital to join the Russell 2000 Index on June 28

Jun 15

Shareholders In Marathon Digital Holdings (NASDAQ:MARA) Should Look Beyond Earnings For The Full Story

May 18
Shareholders In Marathon Digital Holdings (NASDAQ:MARA) Should Look Beyond Earnings For The Full Story

Marathon Digital says its bitcoin mining follows anti-money laundering standards

May 06

Marathon Digital reports 162.1 new minted bitcoins in April

May 03

Marathon Patent launches $250M direct offering

Jan 13

Marathon Patent stock rises 8.6% after completing ATM capital raise

Jan 04

Marathon Patent rallies on purchasing 70K S-19 ASIC miners from Bitmain

Dec 28

Marathon Patent purchases additional 10K S-19j Pro ASIC miners from Bitmain

Dec 09

Is Marathon Patent Group (NASDAQ:MARA) In A Good Position To Deliver On Growth Plans?

Nov 26
Is Marathon Patent Group (NASDAQ:MARA) In A Good Position To Deliver On Growth Plans?

Bitcoin miner Marathon Patent (MARA) stock climbs 22% after Wainright goes bullish

Nov 23

Marathon Patent sees potential $8.8M revenue/month in Q2

Nov 18

Shareholder Returns

MARAUS SoftwareUS Market
7D-1.5%2.6%0.9%
1Y-73.0%-21.1%-10.9%

Return vs Industry: MARA underperformed the US Software industry which returned -21.1% over the past year.

Return vs Market: MARA underperformed the US Market which returned -10.9% over the past year.

Price Volatility

Is MARA's price volatile compared to industry and market?
MARA volatility
MARA Average Weekly Movement20.5%
Software Industry Average Movement9.3%
Market Average Movement6.7%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: MARA is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 20% a week.

Volatility Over Time: MARA's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201010Fred Thielhttps://www.marathondh.com

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. As of December 31, 2021, it had approximately 8,115 bitcoins, which included the 4,794 bitcoins held in the investment fund. 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. Fundamentals Summary

How do Marathon Digital Holdings's earnings and revenue compare to its market cap?
MARA fundamental statistics
Market CapUS$827.24m
Earnings (TTM)-US$268.50m
Revenue (TTM)US$149.61m

5.5x

P/S Ratio

-3.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MARA income statement (TTM)
RevenueUS$149.61m
Cost of RevenueUS$229.31m
Gross Profit-US$79.70m
Other ExpensesUS$188.80m
Earnings-US$268.50m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-2.30
Gross Margin-53.27%
Net Profit Margin-179.47%
Debt/Equity Ratio125.0%

How did MARA perform over the long term?

See historical performance and comparison