In the most recent trading session, Marathon Digital Holdings, Inc. (MARA) closed at $19.56, indicating a -1.76% shift from the previous trading day.
As Donald Trump takes the oath of office today, investors are closely monitoring the market, with expectations running high for policy changes that could reshape the economic landscape.
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.
MARA Holdings: Second-Largest Bitcoin Company Trades At Deep Value
With MARA stock consolidating for three months, we assess its current status to decide on the best strategy for the future.
MARA Holdings has aggressively bought Bitcoin, raising over $2.1 billion through zero-interest convertible notes, significantly increasing its BTC-backing per share. The company mined 2,514 BTC in Q4-24, with potential annualized revenue of $1 billion at a $100k BTC price. MARA's high short interest and reliance on Bitcoin price increase create a potential short squeeze setup should BTC's price generate a new high.
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.
Since MARA is consolidating for a year, we evaluate the stock's current position to determine how to play it now.
Marathon Digital (MARA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Today, YieldMax launched its newest ETF, the YieldMax MARA Option Income Strategy ETF (MARO). MARO has two investment objectives.
MARA Holdings leads in bitcoin mining and energy-efficient computing through advanced technologies and strategic acquisitions, enhancing its computation capacity and cost-saving measures. The company's expansions in Ohio and proprietary energy innovations, like two-phase immersion cooling, significantly reduce costs and improve efficiency. MARA's hybrid strategy of retaining mined Bitcoin and leveraging debt for more Bitcoin positions it well for potential price appreciation.
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.