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.
MARA Holdings, Inc. (NASDAQ:MARA ) Q4 2024 Earnings Conference Call February 26, 2025 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 Brett Knoblauch - Cantor Fitzgerald Operator Greetings, and welcome to MARA's Q4 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Marathon Digital Holdings, Inc. (MARA) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of a loss of $0.32 per share. This compares to loss of $0.02 per share a year ago.
Marathon Digital's fourth-quarter 2024 revenues are likely to increase year over year.
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.
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.
With MARA stock declining for three months, we assess its current status to decide on the best strategy for the future.
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 Holdings, Inc. (MARA) reachead $16.24 at the closing of the latest trading day, reflecting a +1.37% change compared to its last close.
In the latest trading session, Marathon Digital Holdings, Inc. (MARA) closed at $16.80, marking a -1.35% move from the previous day.