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Financial Services - Financial - Capital Markets - NASDAQ - US
$ 14.83
6.54 %
$ 5.03 B
Market Cap
8.62
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one MARA stock under the worst case scenario is HIDDEN Compared to the current market price of 14.8 USD, Marathon Digital Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one MARA stock under the base case scenario is HIDDEN Compared to the current market price of 14.8 USD, Marathon Digital Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on Mar, 3, 2025.

The intrinsic value of one MARA stock under the best case scenario is HIDDEN Compared to the current market price of 14.8 USD, Marathon Digital Holdings, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
388 M REVENUE
229.09%
221 M OPERATING INCOME
133.28%
261 M NET INCOME
138.03%
-316 M OPERATING CASH FLOW
-78.86%
4.6 M INVESTING CASH FLOW
101.18%
556 M FINANCING CASH FLOW
35.36%
132 M REVENUE
-9.30%
-172 M OPERATING INCOME
25.89%
-125 M NET INCOME
37.50%
-441 M OPERATING CASH FLOW
-282.75%
-538 M INVESTING CASH FLOW
-93.41%
606 M FINANCING CASH FLOW
79.86%
Balance Sheet Marathon Digital Holdings, Inc.
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Current Assets 1.03 B
Cash & Short-Term Investments 357 M
Receivables 2.09 M
Other Current Assets 670 M
Non-Current Assets 961 M
Long-Term Investments 106 M
PP&E 672 M
Other Non-Current Assets 183 M
Current Liabilities 33.8 M
Accounts Payable 11.3 M
Short-Term Debt 124 K
Other Current Liabilities 22.3 M
Non-Current Liabilities 341 M
Long-Term Debt 326 M
Other Non-Current Liabilities 15.3 M
EFFICIENCY
Earnings Waterfall Marathon Digital Holdings, Inc.
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Revenue 388 M
Cost Of Revenue 403 M
Gross Profit -15.3 M
Operating Expenses 95.2 M
Operating Income 221 M
Other Expenses -40.3 M
Net Income 261 M
RATIOS
-3.96% GROSS MARGIN
-3.96%
57.01% OPERATING MARGIN
57.01%
67.40% NET MARGIN
67.40%
16.16% ROE
16.16%
13.12% ROA
13.12%
10.62% ROIC
10.62%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Marathon Digital Holdings, Inc.
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Net Income 261 M
Depreciation & Amortization 180 M
Capital Expenditures -27.6 M
Stock-Based Compensation 32.6 M
Change in Working Capital -412 M
Others -804 M
Free Cash Flow -343 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Marathon Digital Holdings, Inc.
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Wall Street analysts predict an average 1-year price target for MARA of $25 , with forecasts ranging from a low of $21 to a high of $33 .
MARA Lowest Price Target Wall Street Target
21 USD 41.60%
MARA Average Price Target Wall Street Target
25 USD 68.58%
MARA Highest Price Target Wall Street Target
33 USD 122.52%
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Marathon Digital Holdings, Inc.
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Sold
0-3 MONTHS
2.03 M USD 3
3-6 MONTHS
2.91 M USD 4
6-9 MONTHS
225 K USD 2
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Feb 18, 2025
Sell 459 K USD
Thiel Frederick G
Chief Executive Officer
- 27505
16.68 USD
1 month ago
Jan 16, 2025
Sell 495 K USD
Thiel Frederick G
Chief Executive Officer
- 27505
18.01 USD
1 month ago
Jan 13, 2025
Sell 17 K USD
MELLINGER DOUGLAS K
Director
- 1000
17 USD
2 months ago
Dec 16, 2024
Sell 646 K USD
Thiel Frederick G
Chief Executive Officer
- 27505
23.5 USD
2 months ago
Dec 16, 2024
Sell 392 K USD
Khan Salman Hassan
Chief Financial Officer
- 16700
23.5 USD
2 months ago
Dec 12, 2024
Sell 23.8 K USD
MELLINGER DOUGLAS K
Director
- 1000
23.8 USD
3 months ago
Nov 29, 2024
Sell 203 K USD
Leupp Jay P
Director
- 6800
29.9 USD
3 months ago
Nov 25, 2024
Sell 303 K USD
Leupp Jay P
Director
- 11200
27.06 USD
3 months ago
Nov 18, 2024
Sell 331 K USD
Khan Salman Hassan
Chief Financial Officer
- 16700
19.8 USD
3 months ago
Nov 18, 2024
Sell 545 K USD
Thiel Frederick G
Chief Executive Officer
- 27505
19.8 USD
3 months ago
Nov 12, 2024
Sell 24.1 K USD
MELLINGER DOUGLAS K
Director
- 1000
24.06 USD
4 months ago
Oct 16, 2024
Sell 292 K USD
Khan Salman Hassan
Chief Financial Officer
- 16700
17.5 USD
4 months ago
Oct 16, 2024
Sell 481 K USD
Thiel Frederick G
Chief Executive Officer
- 27505
17.5 USD
4 months ago
Oct 14, 2024
Sell 16.8 K USD
MELLINGER DOUGLAS K
Director
- 1000
16.77 USD
5 months ago
Sep 20, 2024
Sell 432 K USD
Thiel Frederick G
Chief Executive Officer
- 27512
15.7 USD
5 months ago
Sep 16, 2024
Sell 262 K USD
Khan Salman Hassan
Chief Financial Officer
- 16700
15.7 USD
5 months ago
Sep 12, 2024
Sell 16 K USD
MELLINGER DOUGLAS K
Director
- 1000
16 USD
6 months ago
Aug 12, 2024
Sell 16 K USD
MELLINGER DOUGLAS K
Director
- 1000
16.05 USD
8 months ago
Jun 12, 2024
Sell 209 K USD
Ouissal Said
Director
- 10217
20.5 USD
1 year ago
Jan 31, 2024
Sell 0 USD
Ouissal Said
Director
- 31158
0 USD
1 year ago
Jan 31, 2024
Sell 0 USD
Ouissal Said
Director
- 31158
0 USD
1 year ago
Jan 31, 2024
Sell 0 USD
ANTOUN GEORGES
Director
- 21811
0 USD
1 year ago
Jan 31, 2024
Sell 0 USD
DENUCCIO KEVIN A
Director
- 31782
0 USD
1 year ago
Jan 31, 2024
Sell 0 USD
James Sarita M.
Director
- 37390
0 USD
4 years ago
Dec 15, 2020
Sell 32.5 K USD
Thiel Frederick G
CEO
- 5000
6.5 USD
2 years ago
Feb 03, 2023
Sell 72.5 K USD
MELLINGER DOUGLAS K
Director
- 10000
7.25 USD
1 year ago
Aug 31, 2023
Sell 107 K USD
SWAMI ASHU
Director
- 7733
13.8 USD
1 year ago
Aug 31, 2023
Sell 45.1 K USD
SWAMI ASHU
Director
- 3267
13.81 USD
1 year ago
Aug 23, 2023
Sell 59 K USD
Ouissal Said
Director
- 5000
11.8 USD
1 year ago
Aug 22, 2023
Sell 164 K USD
Ouissal Said
Director
- 15000
10.95 USD
2 years ago
Dec 28, 2022
Bought 32.7 K USD
MELLINGER DOUGLAS K
Director
+ 10000
3.27 USD
2 years ago
Dec 28, 2022
Bought 32.7 K USD
MELLINGER DOUGLAS K
Director
+ 10000
3.27 USD
2 years ago
Dec 19, 2022
Bought 38.4 K USD
MELLINGER DOUGLAS K
Director
+ 10000
3.84 USD
2 years ago
Dec 16, 2022
Bought 19.1 K USD
Thiel Frederick G
CEO
+ 5000
3.82 USD
2 years ago
Dec 13, 2022
Bought 339 K USD
DENUCCIO KEVIN A
Director
+ 70000
4.84 USD
2 years ago
Aug 23, 2022
Bought 68.6 K USD
DENUCCIO KEVIN A
director:
+ 5000
13.72 USD
2 years ago
May 12, 2022
Bought 149 K USD
DENUCCIO KEVIN A
Director
+ 15424
9.63 USD
3 years ago
Dec 28, 2021
Sell 3.08 M USD
OKAMOTO MERRICK D
Executive Chairman
- 83333
37.02 USD
4 years ago
Feb 12, 2021
Sell 78.4 K USD
Thiel Frederick G
Director
- 2000
39.19 USD
4 years ago
Feb 12, 2021
Sell 396 K USD
Berg Michael Carroll
Director
- 10000
39.56 USD
4 years ago
Feb 17, 2021
Sell 462 K USD
Berg Michael Carroll
Director
- 10000
46.2 USD
4 years ago
Feb 16, 2021
Sell 1.08 M USD
Crawford James
CHIEF OPERATING OFFICER
- 25000
43.1 USD
4 years ago
Feb 18, 2021
Sell 1.39 M USD
BENZ PETER
Director
- 30000
46.4 USD
3 years ago
Apr 05, 2021
Sell 801 K USD
Salzman Simeon
CHIEF FINANCIAL OFFICER
- 15000
53.38 USD
4 years ago
Feb 18, 2021
Sell 34.1 M USD
OKAMOTO MERRICK D
Chief Executive Officer
- 700000
48.65 USD
4 years ago
Jan 07, 2021
Sell 632 K USD
OKAMOTO MERRICK D
Chief Executive Officer
- 32000
19.76 USD
4 years ago
Jan 07, 2021
Sell 12.3 M USD
OKAMOTO MERRICK D
Chief Executive Officer
- 600000
20.55 USD
4 years ago
Dec 15, 2020
Sell 19.2 K USD
Rudolph Michael
Director
- 3000
6.3967 USD
4 years ago
Nov 30, 2020
Sell 18.4 K USD
Rudolph Michael
Director
- 3000
6.15 USD
4 years ago
Dec 01, 2020
Sell 46.1 K USD
Berg Michael Carroll
Director
- 7500
6.1456 USD
4 years ago
Nov 30, 2020
Sell 54.8 K USD
Rudolph Michael
Director
- 9000
6.0912 USD
4 years ago
Dec 01, 2020
Sell 46.1 K USD
LIEBERMAN DAVID PHILIP
Chief Financial Officer
- 7500
6.1456 USD
5 years ago
Nov 22, 2019
Bought 24.7 K USD
OKAMOTO MERRICK D
Chief Executive Officer
+ 25000
0.9894 USD
5 years ago
Aug 30, 2019
Bought 7.81 K USD
OKAMOTO MERRICK D
Chief Executive Officer
+ 5000
1.5613 USD
5 years ago
Aug 29, 2019
Bought 3.21 K USD
OKAMOTO MERRICK D
Chief Executive Officer
+ 2000
1.606 USD
7 years ago
Apr 03, 2017
Sell 27.4 K USD
FEINBERG JEFF
10 percent owner
- 29726
0.922 USD
7 years ago
Apr 05, 2017
Sell 1.1 K USD
FEINBERG JEFF
10 percent owner
- 1178
0.93 USD
7 years ago
Apr 10, 2017
Sell 20.6 K USD
FEINBERG JEFF
10 percent owner
- 24100
0.8527 USD
7 years ago
Apr 13, 2017
Sell 13.8 K USD
FEINBERG JEFF
10 percent owner
- 16183
0.85 USD
7 years ago
Apr 19, 2017
Sell 9 K USD
FEINBERG JEFF
10 percent owner
- 15800
0.5699 USD
7 years ago
May 16, 2017
Sell 16 K USD
FEINBERG JEFF
10 percent owner
- 51962
0.3086 USD
7 years ago
May 19, 2017
Sell 48.9 K USD
FEINBERG JEFF
10 percent owner
- 180533
0.2706 USD
7 years ago
May 22, 2017
Sell 17.2 K USD
FEINBERG JEFF
10 percent owner
- 100000
0.1725 USD
9 years ago
Apr 06, 2015
Sell 26.2 K USD
Stetson John
- 5028
5.204 USD
9 years ago
Apr 06, 2015
Sell 1.74 K USD
Stetson John
- 335
5.204 USD
9 years ago
Apr 06, 2015
Sell 13.7 K USD
Stetson John
- 2637
5.204 USD
10 years ago
May 02, 2014
Bought 0 USD
Spangenberg Audrey
10 percent owner
+ 195500
0 USD
10 years ago
May 01, 2014
Bought 200 K USD
Stetson John
INTERIM CFO AND SECRETARY
+ 30769
6.5 USD
10 years ago
May 01, 2014
Bought 57.7 K USD
Stetson John
INTERIM CFO AND SECRETARY
+ 7692
7.5 USD
11 years ago
Oct 17, 2013
Bought 0 USD
SPANGENBERG ERICH
10 percent owner
+ 150000
0 USD
11 years ago
May 31, 2013
Bought 250 K USD
SPANGENBERG ERICH
10 percent owner
+ 625000
0.4 USD
11 years ago
May 31, 2013
Bought 156 K USD
SPANGENBERG ERICH
10 percent owner
+ 312500
0.5 USD
11 years ago
Mar 25, 2013
Bought 7.5 K USD
Stetson John
CFO and Secretary
+ 75000
0.1 USD
11 years ago
Mar 21, 2013
Bought 10 K USD
Stetson John
CFO and Secretary
+ 100000
0.1 USD
12 years ago
Feb 25, 2013
Bought 42 K USD
Stetson John
CFO and Secretary
+ 280000
0.15 USD
12 years ago
Nov 06, 2012
Sell 20 K USD
Groussman Mark
Former Chief Executive Officer
- 100000
0.2 USD
12 years ago
Nov 13, 2012
Bought 150 K USD
Groussman Mark
Former Chief Executive Officer
+ 1000000
0.15 USD
12 years ago
Nov 06, 2012
Sell 150 K USD
Groussman Mark
Former Chief Executive Officer
- 750000
0.2 USD
12 years ago
Nov 08, 2012
Sell 55 K USD
Groussman Mark
Former Chief Executive Officer
- 275000
0.2 USD
12 years ago
Nov 09, 2012
Sell 50 K USD
Groussman Mark
Former Chief Executive Officer
- 250000
0.2 USD
12 years ago
Jul 13, 2012
Sell 75 K USD
Pershing Gold Corp.
10 percent owner
- 500000
0.15 USD
12 years ago
Jul 16, 2012
Sell 115 K USD
Pershing Gold Corp.
10 percent owner
- 766667
0.15 USD
12 years ago
Jul 19, 2012
Sell 35 K USD
Pershing Gold Corp.
10 percent owner
- 233333
0.15 USD
12 years ago
Aug 24, 2012
Sell 90 K USD
Pershing Gold Corp.
10 percent owner
- 600000
0.15 USD
12 years ago
Sep 17, 2012
Sell 7 K USD
Pershing Gold Corp.
10 percent owner
- 46667
0.15 USD
12 years ago
Sep 17, 2012
Sell 68 K USD
Pershing Gold Corp.
10 percent owner
- 453333
0.15 USD
12 years ago
Sep 19, 2012
Sell 25 K USD
Pershing Gold Corp.
10 percent owner
- 166667
0.15 USD
12 years ago
Oct 03, 2012
Sell 345 K USD
Pershing Gold Corp.
10 percent owner
- 2300000
0.15 USD
12 years ago
Oct 03, 2012
Sell 150 K USD
Pershing Gold Corp.
10 percent owner
- 1000000
0.15 USD
12 years ago
Oct 03, 2012
Sell 15 K USD
Pershing Gold Corp.
10 percent owner
- 100000
0.15 USD
12 years ago
Nov 16, 2012
Bought 15 K USD
RECTOR DAVID
Director
+ 100000
0.15 USD
7. News
Marathon Digital Holdings, Inc. (MARA) Stock Falls Amid Market Uptick: What Investors Need to Know In the closing of the recent trading day, Marathon Digital Holdings, Inc. (MARA) stood at $15.78, denoting a -1.68% change from the preceding trading day. zacks.com - 1 week ago
Better Bitcoin Stock: Strategy vs. MARA Holdings Strategy (MSTR -1.11%) and MARA Holdings (MARA -5.03%) represent two very different ways to invest in Bitcoin (BTC 0.01%), the world's top cryptocurrency. Strategy, the software company formerly known as MicroStrategy, is the world's largest corporate holder of Bitcoin. fool.com - 1 week ago
Marathon Stock Declines 15% in 3 Months: A Buying Opportunity? With MARA stock declining for three months, we assess its current status to decide on the best strategy for the future. zacks.com - 1 week ago
Marathon Digital Holdings, Inc. (MARA) is Attracting Investor Attention: Here is What You Should Know Marathon Digital (MARA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. zacks.com - 2 weeks ago
Marathon Digital Holdings, Inc. (MARA) Advances While Market Declines: Some Information for Investors Marathon Digital Holdings, Inc. (MARA) reachead $16.24 at the closing of the latest trading day, reflecting a +1.37% change compared to its last close. zacks.com - 2 weeks ago
MARA Schedules Conference Call for Fourth Quarter and Fiscal Year 2024 Financial Results Earnings Webcast and Conference Call Set for Wednesday, February 26, 2025 at 5:00 p.m. ET Fort Lauderdale, FL , Feb. 12, 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 Wednesday, February 26, 2025 at 5:00 p.m. globenewswire.com - 2 weeks ago
MARA Holdings, Inc. Announces Postponement of Special Meeting of Stockholders Fort Lauderdale, FL, Feb. 10, 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 that its Special Meeting of Stockholders (the “Special Meeting”), which was originally scheduled to be held on February 11, 2025, has been postponed. The Special Meeting is now scheduled to be held virtually, via live webcast at web.lumiconnect.com/266814323, on Wednesday, February 19, 2025 at 8:30 a.m. PST / 11:30 a.m. EST. The record date for the Special Meeting, January 17, 2025, is unchanged and applies to the postponed Special Meeting. globenewswire.com - 3 weeks ago
Marathon Digital Holdings, Inc. (MARA) Stock Sinks As Market Gains: Here's Why In the latest trading session, Marathon Digital Holdings, Inc. (MARA) closed at $16.80, marking a -1.35% move from the previous day. zacks.com - 3 weeks ago
2 Cryptocurrency Stocks to Watch Amid Tariff Buzz Stocks have pulled off a massive V-shaped rally in today's trading session. schaeffersresearch.com - 4 weeks ago
MARA Announces Bitcoin Production and Mining Operation Updates for January 2025 218 Blocks Won in January, 12% Decrease M/M Increased BTC Holdings to 45,659 BTC globenewswire.com - 4 weeks ago
3 Stocks That Have Turned $5,000 Into More Than $48,000 in 5 Years Investing in growth stocks, especially small ones, can come with considerable risk. But sometimes, the payoff for taking on the risk can be significant. fool.com - 1 month ago
Marathon Digital Holdings, Inc. (MARA) Is a Trending Stock: Facts to Know Before Betting on It Recently, Zacks.com users have been paying close attention to Marathon Digital (MARA). This makes it worthwhile to examine what the stock has in store. zacks.com - 1 month ago
8. Profile Summary

Marathon Digital Holdings, Inc. MARA

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COUNTRY US
INDUSTRY Financial - Capital Markets
MARKET CAP $ 5.03 B
Dividend Yield 0.00%
Description 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. was incorporated in 2010 and is headquartered in Las Vegas, Nevada.
Contact 1180 North Town Center Drive, Las Vegas, NV, 89144 https://www.marathondh.com
IPO Date May 4, 2012
Employees 130
Officers Mr. Ashu Swami Chief Technology Officer Mr. Adam Swick Chief Growth Officer Mr. Zabi Nowaid General Counsel & Company Secretary Mr. James G. Crawford Chief Operating Officer Mr. Narenderkumar Dharamveer Manoj Madnani Managing Director of EMEA Expansion Mr. William Beam Vice President of Finance & Operations Control Mr. John B. Ellis Chief Accounting Officer Mr. Salman H. Khan Chief Financial Officer Mr. Robert Samuels Vice President of Investor Relations Mr. Frederick G. Thiel Chief Executive Officer & Executive Chairman