Marathon Digital Holdings, Inc. (MARA) concluded the recent trading session at $11.30, signifying a +0.62% move from its prior day's close.
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.
Marathon Digital (MARA) reported earnings 30 days ago. What's next for the stock?
Marathon Digital Holdings, Inc. (MARA) closed at $13.64 in the latest trading session, marking a -1.09% move from the prior day.
In the latest trading session, Marathon Digital Holdings, Inc. (MARA) closed at $12.38, marking a -0.96% move from the previous day.
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.
Marathon Digital Holdings, Inc. (MARA) concluded the recent trading session at $12.97, signifying a -1.59% move from its prior day's close.
"If you aren't thinking about owning a stock for 10 years, don't even think about owning it for 10 minutes." That's sage advice from billionaire investor Warren Buffett, who has been a buy-and-hold investor for decades.
Marathon Digital (MARA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
MARA Holdings trades at a $4.7 billion market cap, a modest premium to its $3.9 billion of Bitcoin holdings. In my view, the market is significantly undervaluing its BTC mining business. With a “HODL” strategy and $28,801/BTC electricity costs (vs. $89,000 average), MARA offers high upside in case of a Bitcoin's bull market, but with bear market risks. I value MARA's mining business, projecting 64,000 Bitcoins by 2048, at $5.7 billion–$11 billion, far above the $800 million implied by its market cap.
Shares of MARA Holdings (MARA 11.29%) -- formerly known as Marathon Digital Holdings -- jumped as much as 19.3% higher on Thursday morning. The move, driven by an analyst-stumping earnings report, subsided to a 9.2% gain by noon, ET.
Shares of MARA Holdings Inc MARA were climbing in early trading on Thursday, after the company reported record fourth-quarter revenues.