Financial Services - Financial - Capital Markets - NASDAQ - US
$ 21.07
1.35 %
$ 6.78 B
Market Cap
24.5
P/E
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.[ Read More ]
The intrinsic value of one MARA stock under the base case scenario is HIDDEN Compared to the current market price of 21.1 USD, Marathon Digital Holdings, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart MARA
FINANCIALS
388 M
REVENUE
221 M
OPERATING INCOME
261 M
NET INCOME
-316 M
OPERATING CASH FLOW
4.6 M
INVESTING CASH FLOW
556 M
FINANCING CASH FLOW
132 M
REVENUE
-172 M
OPERATING INCOME
-125 M
NET INCOME
-441 M
OPERATING CASH FLOW
-538 M
INVESTING CASH FLOW
606 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Marathon Digital Holdings, Inc.
| 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 | 248 K |
| Other Current Liabilities | 22.2 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.
| 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
57.01%
OPERATING MARGIN
67.40%
NET MARGIN
16.16%
ROE
13.12%
ROA
10.70%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Marathon Digital Holdings, Inc.
| 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 |
Wall Street Analysts Price Targets
Marathon Digital Holdings, Inc.
Wall Street analysts predict an average 1-year price target for MARA of $25.3 , with forecasts ranging from a low of $21 to a high of $33 .
MARA Lowest Price Target
Wall Street Target
21 USD
-0.33%
MARA Average Price Target
Wall Street Target
25.3 USD
20.01%
MARA Highest Price Target
Wall Street Target
33 USD
56.62%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Marathon Digital Holdings, Inc.
Sold
0-3 MONTHS
1.52 M USD 3
3-6 MONTHS
225 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 4
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 |
|---|---|---|---|---|
|
5 days ago
Nov 12, 2024
|
Sell 24.1 K USD
|
MELLINGER DOUGLAS K
Director |
- 1000
|
24.06 USD |
|
1 month ago
Oct 16, 2024
|
Sell 292 K USD
|
Khan Salman Hassan
Chief Financial Officer |
- 16700
|
17.5 USD |
|
1 month ago
Oct 16, 2024
|
Sell 481 K USD
|
Thiel Frederick G
Chief Executive Officer |
- 27505
|
17.5 USD |
|
1 month ago
Oct 14, 2024
|
Sell 16.8 K USD
|
MELLINGER DOUGLAS K
Director |
- 1000
|
16.77 USD |
|
1 month ago
Sep 20, 2024
|
Sell 432 K USD
|
Thiel Frederick G
Chief Executive Officer |
- 27512
|
15.7 USD |
|
2 months ago
Sep 16, 2024
|
Sell 262 K USD
|
Khan Salman Hassan
Chief Financial Officer |
- 16700
|
15.7 USD |
|
2 months ago
Sep 12, 2024
|
Sell 16 K USD
|
MELLINGER DOUGLAS K
Director |
- 1000
|
16 USD |
|
3 months ago
Aug 12, 2024
|
Sell 16 K USD
|
MELLINGER DOUGLAS K
Director |
- 1000
|
16.05 USD |
|
5 months ago
Jun 12, 2024
|
Sell 209 K USD
|
Ouissal Said
Director |
- 10217
|
20.5 USD |
|
9 months ago
Jan 31, 2024
|
Sell 0 USD
|
Ouissal Said
Director |
- 31158
|
0 USD |
|
9 months ago
Jan 31, 2024
|
Sell 0 USD
|
Ouissal Said
Director |
- 31158
|
0 USD |
|
9 months ago
Jan 31, 2024
|
Sell 0 USD
|
ANTOUN GEORGES
Director |
- 21811
|
0 USD |
|
9 months ago
Jan 31, 2024
|
Sell 0 USD
|
DENUCCIO KEVIN A
Director |
- 31782
|
0 USD |
|
9 months ago
Jan 31, 2024
|
Sell 0 USD
|
James Sarita M.
Director |
- 37390
|
0 USD |
|
3 years ago
Dec 15, 2020
|
Sell 32.5 K USD
|
Thiel Frederick G
CEO |
- 5000
|
6.5 USD |
|
1 year 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 |
|
1 year ago
Dec 28, 2022
|
Bought 32.7 K USD
|
MELLINGER DOUGLAS K
Director |
+ 10000
|
3.27 USD |
|
1 year ago
Dec 28, 2022
|
Bought 32.7 K USD
|
MELLINGER DOUGLAS K
Director |
+ 10000
|
3.27 USD |
|
1 year ago
Dec 19, 2022
|
Bought 38.4 K USD
|
MELLINGER DOUGLAS K
Director |
+ 10000
|
3.84 USD |
|
1 year ago
Dec 16, 2022
|
Bought 19.1 K USD
|
Thiel Frederick G
CEO |
+ 5000
|
3.82 USD |
|
1 year 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 |
|
2 years ago
Dec 28, 2021
|
Sell 3.08 M USD
|
OKAMOTO MERRICK D
Executive Chairman |
- 83333
|
37.02 USD |
|
3 years ago
Feb 12, 2021
|
Sell 78.4 K USD
|
Thiel Frederick G
Director |
- 2000
|
39.19 USD |
|
3 years ago
Feb 12, 2021
|
Sell 396 K USD
|
Berg Michael Carroll
Director |
- 10000
|
39.56 USD |
|
3 years ago
Feb 17, 2021
|
Sell 462 K USD
|
Berg Michael Carroll
Director |
- 10000
|
46.2 USD |
|
3 years ago
Feb 16, 2021
|
Sell 1.08 M USD
|
Crawford James
CHIEF OPERATING OFFICER |
- 25000
|
43.1 USD |
|
3 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 |
|
3 years ago
Feb 18, 2021
|
Sell 34.1 M USD
|
OKAMOTO MERRICK D
Chief Executive Officer |
- 700000
|
48.65 USD |
|
3 years ago
Jan 07, 2021
|
Sell 632 K USD
|
OKAMOTO MERRICK D
Chief Executive Officer |
- 32000
|
19.76 USD |
|
3 years ago
Jan 07, 2021
|
Sell 12.3 M USD
|
OKAMOTO MERRICK D
Chief Executive Officer |
- 600000
|
20.55 USD |
|
3 years ago
Dec 15, 2020
|
Sell 19.2 K USD
|
Rudolph Michael
Director |
- 3000
|
6.3967 USD |
|
3 years ago
Nov 30, 2020
|
Sell 18.4 K USD
|
Rudolph Michael
Director |
- 3000
|
6.15 USD |
|
3 years ago
Dec 01, 2020
|
Sell 46.1 K USD
|
Berg Michael Carroll
Director |
- 7500
|
6.1456 USD |
|
3 years ago
Nov 30, 2020
|
Sell 54.8 K USD
|
Rudolph Michael
Director |
- 9000
|
6.0912 USD |
|
3 years ago
Dec 01, 2020
|
Sell 46.1 K USD
|
LIEBERMAN DAVID PHILIP
Chief Financial Officer |
- 7500
|
6.1456 USD |
|
4 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 |
|
11 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
Mara Holdings Post-Election Rally Slowed By Wider Than Expected Q3 Loss
Mara Holdings (MARA) stock's post-election rally slowed Wednesday after the Bitcoin (BTCUSD) mining company's third-quarter results missed estimates.
investopedia.com
- 3 days ago
MARA Holdings Faces Mixed Analyst Sentiment: Revenue Miss And Conservative Forecasts Amid Bitcoin Rally
Bitcoin BTC/USD miner MARA Holdings, Inc. MARA shares are trading lower on Wednesday. Analysts expressed views on third-quarter earnings reported yesterday.
benzinga.com
- 3 days ago
Mara Holdings Post-Election Rally Slowed By Wider Than Expected Q3 Loss
Mara Holdings (MARA) stock's post-election rally slowed Wednesday after the Bitcoin (BTCUSD) mining company's third-quarter results missed estimates.
investopedia.com
- 3 days ago
MARA's moves beyond bitcoin mining may be good business, but bad for the stock
MARA's stock falls as J.P. Morgan recommends selling in wake of the bitcoin miner's quarterly results.
marketwatch.com
- 3 days ago
Is MARA a Safe Way to Get Exposure to the Bitcoin Rally?
Bitcoin (BTC) is up about 25% since the presidential election on November 7. The headline stories will focus on the fact that BTC is hitting new all-time highs on a regular basis.
marketbeat.com
- 4 days ago
MARA Holdings, Inc. (MARA) Q3 2024 Earnings Call Transcript
MARA Holdings, Inc. (NASDAQ:MARA ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Robert Samuels - Vice President, Investor Relations Fred Thiel - Chairman & Chief Executive Officer Salman Khan - Chief Financial Officer Conference Call Participants Kevin Dede - H.C. Wainwright Operator Greetings.
seekingalpha.com
- 4 days ago
Marathon Digital Holdings, Inc. (MARA) Reports Q3 Loss, Misses Revenue Estimates
Marathon Digital Holdings, Inc. (MARA) came out with a quarterly loss of $0.38 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.05 per share a year ago.
zacks.com
- 4 days ago
MARA Stock Surges 30% On Ohio Power Play Ahead Of Q3 Earnings
MARA Holdings Inc MARA, a digital asset technology company engaged in mining cryptocurrencies, saw its shares close at $25.01 on Monday. That's a whopping 29.92% daily gain following news of its Ohio power acquisition.
benzinga.com
- 4 days ago
Bitcoin hits new record topping $88k for first time
Meltem Demirors, Crucible Capital general partner, joins 'Fast Money' to discuss why Bitcoin is on its way to becoming a consensus trade and an institutional asset.
youtube.com
- 5 days ago
Crypto-Related Investments Surge on Trump Win, MicroStrategy Buy
The cryptocurrency euphoria that followed Donald Trump's victory in the U.S. presidential election continued Monday, with everything tied to the digital currency industry powering ahead.
investopedia.com
- 5 days ago
Why Coinbase, MicroStrategy, and Crypto Stocks Popped on Monday
The bull run continues for cryptocurrencies.
fool.com
- 5 days ago
MARA Holdings Set to Report Q3 Earnings: What's in the Offing?
The commencement of the Kaspa mining operations is likely to have benefited MARA's top line in the third quarter of 2024.
zacks.com
- 5 days ago
8. Profile Summary
Marathon Digital Holdings, Inc. MARA
COUNTRY
US
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 6.78 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
60
Officers
Mr. Adam Swick
Chief Growth Officer
Mr. John B. Ellis
Chief Accounting Officer
Mr. Narenderkumar Dharamveer Manoj Madnani
Managing Director of EMEA Expansion
Mr. James G. Crawford
Chief Operating Officer
Mr. Charlie Schumacher
Director of Corporate Communications
Mr. Robert Samuels
Vice President of Investor Relations
Mr. Salman H. Khan
Chief Financial Officer
Zabi Nowaid
General Counsel & Company Secretary
Mr. Frederick G. Thiel
Chief Executive Officer & Executive Chairman
Mr. Ashu Swami
Chief Technology Officer