MARA
Marathon Digital Holdings, Inc. NASDAQ Listed May 4, 2012$14.22
After hrs
$14.19
-0.21%
Mkt Cap $5.1B
52w Low $6.73
46.5% of range
52w High $22.84
50d MA $12.63
200d MA $12.54
P/E (TTM)
-3.9x
EV/EBITDA
—
P/B
1.4x
Debt/Equity
1.1x
ROE
-37.8%
P/FCF
-16.2x
RSI (14)
49.10
ATR (14)
$1.08
Beta
5.30
50d MA
$12.63
200d MA
$12.54
Avg Volume
39.9M
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.
1180 North Town Center Drive · Las Vegas, NV 89144 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 26, 2026 | AMC | -0.23 | -0.46 | -100.0% | 8.45 | +14.6% | +5.8% | +5.7% | -8.4% | +7.3% | -5.6% | — |
| Nov 4, 2025 | AMC | -0.26 | -0.32 | -23.1% | 16.62 | +3.6% | +3.1% | -6.8% | -0.6% | -1.8% | -6.1% | — |
| Jul 29, 2025 | AMC | -0.53 | -0.81 | -52.8% | 16.61 | +4.9% | -0.4% | -2.8% | -3.6% | +3.5% | -2.6% | — |
| May 8, 2025 | AMC | -0.34 | -0.40 | -17.6% | 14.29 | -1.1% | +10.3% | +1.2% | +2.6% | -3.1% | -1.2% | — |
| Feb 26, 2025 | AMC | -0.32 | 1.24 | +487.5% | 12.45 | +14.1% | +5.5% | +6.0% | -0.9% | +1.3% | +8.2% | — |
| Nov 12, 2024 | AMC | -0.34 | -0.38 | -12.5% | 25.23 | -3.6% | -14.0% | -4.2% | +1.3% | -14.0% | +9.7% | — |
| Aug 1, 2024 | AMC | -0.23 | -0.24 | -4.3% | 18.14 | -2.4% | -5.2% | -1.4% | +1.8% | -8.2% | +9.8% | — |
| May 9, 2024 | AMC | -0.01 | -0.06 | -483.5% | 19.65 | +0.7% | -12.7% | +0.6% | +4.7% | +11.8% | -2.7% | — |
| Feb 28, 2024 | AMC | 0.05 | -0.02 | -140.0% | 31.03 | -4.1% | -16.5% | +4.2% | -4.8% | -13.4% | +1.6% | — |
| Nov 8, 2023 | AMC | -0.01 | -0.05 | -436.7% | 8.55 | +13.1% | +8.0% | +4.1% | -4.5% | -0.1% | +11.7% | — |
| Aug 8, 2023 | AMC | -0.07 | -0.13 | -85.2% | 15.72 | +0.8% | -1.3% | -6.2% | +2.3% | +0.7% | -7.1% | — |
| May 10, 2023 | AMC | -0.10 | -0.03 | +70.0% | 10.22 | -3.7% | -14.6% | +2.2% | +7.0% | -3.0% | +9.1% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 9 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $9.50 | $9.35 | -1.6% | +1.8% | -1.3% | +8.6% | +1.3% | -0.2% |
| Mar 4 | Clear Street | Maintains | Hold → Hold | — | $8.66 | $9.11 | +5.2% | +7.3% | -5.6% | -8.7% | +8.1% | -1.0% |
| Mar 4 | Macquarie | Maintains | Outperform → Outperform | — | $8.66 | $9.11 | +5.2% | +7.3% | -5.6% | -8.7% | +8.1% | -1.0% |
| Feb 27 | HC Wainwright & Co. | Downgrade | Buy → Neutral | — | $8.45 | $9.68 | +14.6% | +5.8% | +5.7% | -8.4% | +7.3% | -5.6% |
| Feb 27 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $8.45 | $9.68 | +14.6% | +5.8% | +5.7% | -8.4% | +7.3% | -5.6% |
| Jan 14 | Piper Sandler | Maintains | Overweight → Overweight | — | $10.95 | $11.18 | +2.1% | +1.5% | -4.1% | +6.6% | -8.7% | +1.8% |
| Nov 5 | Rosenblatt | Maintains | Buy → Buy | — | $16.62 | $17.22 | +3.6% | +3.1% | -6.8% | -0.6% | -1.8% | -6.1% |
| Nov 5 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $16.62 | $17.22 | +3.6% | +3.1% | -6.8% | -0.6% | -1.8% | -6.1% |
| Oct 22 | Macquarie | Maintains | Outperform → Outperform | — | $20.07 | $19.57 | -2.5% | -4.6% | +0.4% | +1.7% | +0.1% | -3.5% |
| Oct 16 | Rosenblatt | Maintains | Buy → Buy | — | $22.84 | $23.16 | +1.4% | -11.3% | -3.5% | +5.9% | -3.2% | -4.6% |
| Oct 6 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $18.82 | $19.67 | +4.5% | +9.3% | -1.6% | -0.2% | +0.0% | -7.7% |
| Sep 26 | JP Morgan | Maintains | Overweight → Overweight | — | $16.07 | $16.21 | +0.9% | +0.4% | +15.7% | -2.1% | +1.9% | +1.0% |
| Jul 30 | Rosenblatt | Maintains | Buy → Buy | — | $16.61 | $17.42 | +4.9% | -0.4% | -2.8% | -3.6% | +3.5% | -2.6% |
| Jul 30 | Macquarie | Maintains | Outperform → Outperform | — | $16.61 | $17.42 | +4.9% | -0.4% | -2.8% | -3.6% | +3.5% | -2.6% |
| Jul 28 | Cantor Fitzgerald | Maintains | Overweight → Overweight | — | $17.25 | $17.64 | +2.3% | -0.5% | -3.2% | -0.4% | -2.8% | -3.6% |
| Jul 28 | JP Morgan | Upgrade | Neutral → Overweight | — | $17.25 | $17.64 | +2.3% | -0.5% | -3.2% | -0.4% | -2.8% | -3.6% |
| Jul 25 | Compass Point | Upgrade | Sell → Neutral | — | $17.26 | $17.21 | -0.3% | -0.1% | -0.5% | -3.2% | -0.4% | -2.8% |
| Jul 21 | Piper Sandler | Maintains | Overweight → Overweight | — | $19.51 | $19.56 | +0.3% | -3.5% | +5.6% | -11.6% | -1.8% | -0.1% |
| Jun 13 | JP Morgan | Maintains | Neutral → Neutral | — | $15.82 | $15.37 | -2.8% | -4.9% | +1.9% | -4.2% | -1.2% | -1.2% |
| May 27 | Rosenblatt | Maintains | Buy → Buy | — | $14.73 | $15.22 | +3.3% | +11.6% | -9.6% | -1.7% | -3.4% | +1.7% |
| May 12 | Barclays | Maintains | Equal Weight → Equal Weight | — | $15.76 | $16.44 | +4.3% | +1.2% | +2.6% | -3.1% | -1.2% | +3.4% |
| May 6 | Compass Point | Downgrade | Neutral → Sell | — | $13.09 | $12.74 | -2.7% | +0.5% | +1.4% | +7.2% | +10.3% | +1.2% |
| May 5 | Piper Sandler | Maintains | Overweight → Overweight | — | $14.48 | $13.97 | -3.5% | -9.6% | +0.5% | +1.4% | +7.2% | +10.3% |
| Apr 24 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $14.13 | $13.91 | -1.6% | -0.8% | +2.1% | -2.0% | +1.5% | -6.0% |
| Mar 13 | JP Morgan | Maintains | Neutral → Neutral | — | $13.11 | $13.24 | +1.0% | -7.2% | +8.4% | -1.6% | -6.9% | +3.8% |
| Mar 3 | Barclays | Maintains | Equal Weight → Equal Weight | — | $13.92 | $15.32 | +10.1% | -0.9% | +1.3% | +8.2% | -0.2% | +6.2% |
| Mar 3 | Piper Sandler | Maintains | Overweight → Overweight | — | $13.92 | $15.32 | +10.1% | -0.9% | +1.3% | +8.2% | -0.2% | +6.2% |
| Feb 27 | Needham | Maintains | Hold → Hold | — | $12.45 | $14.21 | +14.1% | +5.5% | +6.0% | -0.9% | +1.3% | +8.2% |
| Feb 27 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $12.45 | $14.21 | +14.1% | +5.5% | +6.0% | -0.9% | +1.3% | +8.2% |
| Dec 19 | B. Riley Securities | Maintains | Neutral → Neutral | — | $21.61 | $22.56 | +4.4% | -5.7% | -2.0% | -3.6% | +4.7% | -4.2% |
| Dec 10 | JP Morgan | Upgrade | Underweight → Neutral | — | $23.86 | $24.37 | +2.1% | -4.4% | +2.0% | -3.0% | +0.7% | +8.1% |
| Dec 4 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $25.13 | $25.14 | +0.0% | +3.3% | -4.5% | +6.6% | -9.7% | -4.4% |
| Nov 21 | Compass Point | Downgrade | Buy → Neutral | — | $22.63 | $25.21 | +11.4% | +6.8% | +7.7% | +1.5% | -5.5% | +7.8% |
| Nov 18 | Macquarie | Maintains | Outperform → Outperform | — | $21.07 | $19.83 | -5.9% | -14.0% | +9.7% | +13.9% | +6.8% | +7.7% |
| Aug 23 | JP Morgan | Maintains | Underweight → Underweight | — | $16.86 | $17.16 | +1.8% | +10.9% | -0.7% | -4.4% | -3.5% | -0.8% |
| Jun 20 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $20.28 | $20.67 | +1.9% | +1.9% | -7.0% | -2.7% | +3.0% | +0.6% |
| Jun 4 | JP Morgan | Maintains | Underweight → Underweight | — | $19.58 | $19.60 | +0.1% | +4.8% | +2.7% | -1.3% | -7.4% | +1.0% |
| May 29 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $20.73 | $20.35 | -1.8% | -2.4% | -1.0% | -2.6% | +0.3% | +4.8% |
| May 28 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $21.21 | $21.15 | -0.3% | -2.3% | -2.4% | -1.0% | -2.6% | +0.3% |
| May 10 | B. Riley Securities | Maintains | Neutral → Neutral | — | $19.65 | $19.78 | +0.7% | -12.7% | +0.6% | +4.7% | +11.8% | -2.7% |
| May 10 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $19.65 | $19.78 | +0.7% | -12.7% | +0.6% | +4.7% | +11.8% | -2.7% |
| May 8 | Chardan Capital | Maintains | Neutral → Neutral | — | $20.21 | $19.59 | -3.1% | -0.6% | -2.2% | -12.7% | +0.6% | +4.7% |
| Apr 10 | JP Morgan | Maintains | Underweight → Underweight | — | $17.98 | $17.30 | -3.8% | -3.3% | +1.3% | -8.5% | -6.0% | -3.6% |
| Mar 19 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $19.41 | $18.38 | -5.3% | -0.5% | +16.1% | -2.9% | -4.2% | +0.4% |
| Mar 5 | Chardan Capital | Maintains | Neutral → Neutral | — | $25.71 | $24.71 | -3.9% | -13.4% | +1.6% | -3.6% | +7.7% | -12.1% |
| Mar 4 | Chardan Capital | Maintains | Neutral → Neutral | — | $27.00 | $27.87 | +3.2% | -4.8% | -13.4% | +1.6% | -3.6% | +7.7% |
| Feb 29 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $31.03 | $29.77 | -4.1% | -16.5% | +4.2% | -4.8% | -13.4% | +1.6% |
| Jan 17 | BTIG | Upgrade | Neutral → Buy | — | $17.78 | $17.50 | -1.6% | -2.9% | -6.9% | +0.4% | +3.0% | -3.0% |
| Dec 20 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $21.97 | $23.62 | +7.5% | +0.6% | +12.1% | +7.8% | +0.9% | +15.2% |
| Sep 6 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $12.00 | $11.87 | -1.1% | +0.5% | +2.5% | -11.7% | -7.7% | +0.9% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| May 18, 2026 | Nowaid ZabiOff | General Counsel | Sell | 8,250 | $12.00 | $99K | 970,768 | +3.04% | -1.81% |
| May 18, 2026 | Thiel Frederick GDir/Off | Chief Executive Officer | Sell | 27,505 | $12.00 | $330K | 4,589,514 | +3.04% | -1.81% |
| May 18, 2026 | Khan Salman HassanOff | Chief Financial Officer | Sell | 16,000 | $12.00 | $192K | 425,066 | +3.04% | -1.81% |
8-K · 1.01
!! High
Marathon Digital Holdings, Inc. -- 8-K 1.01: Material Agreement
Marathon Digital Holdings secured $1.5 billion in equity financing from Ohio River Partners Holdco LLC, providing substantial capital for Bitcoin mining expansion and operational growth.
Apr 30
8-K · 8.01
!! High
Unknown — 8-K 8.01: Material Event / Announcement
Marathon Digital repurchased Bitcoin notes, signaling management confidence in long-term Bitcoin value and potentially reducing dilution, which could support the stock price if Bitcoin appreciates.
Mar 26
8-K
MARA Holdings, Inc. -- 8-K Filing
MARA Holdings released Q4 2025 preliminary financial results via shareholder letter, with final audited numbers pending completion of year-end closing procedures.
Feb 26
8-K · 1.01
!! High
MARA Holdings, Inc. -- 8-K 1.01: Material Agreement
MARA Holdings secured a strategic partnership with Starwood Capital Group, potentially providing capital access and operational expertise to strengthen its competitive positioning.
Feb 26
8-K · 5.02
!!! Very High
MARA Holdings, Inc. -- 8-K 5.02: Executive Change
MARA Holdings appointed an executive with RSU compensation vesting quarterly through December 2028, contingent on continued employment, signaling leadership stability and long-term incentive alignment.
Feb 25
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Portfolio Management Llc | 26,439,424 | $216M | New | Mar 2026 |
| 2 | Vanguard Capital Management Llc | 16,352,439 | $133M | New | Mar 2026 |
| 3 | Morgan Stanley | 12,676,450 | $114M | Added | Dec 2025 |
| 4 | Marex Group Plc | 8,314,897 | $68M | Reduced | Mar 2026 |
| 5 | Ubs Group Ag | 7,622,765 | $62M | Reduced | Mar 2026 |
| 6 | Bank Of America Corp /de/ | 5,089,211 | $42M | Added | Mar 2026 |
| 7 | Jpmorgan Chase & Co | 4,671,002 | $36M | Added | Mar 2026 |
| 8 | Hrt Financial Lp | 3,679,439 | $30M | New | Mar 2026 |
| 9 | Northern Trust Corp | 3,343,201 | $27M | Added | Mar 2026 |
| 10 | Capital Research Global Investors | 3,316,943 | $27M | Reduced | Mar 2026 |
| 11 | Bank Of New York Mellon Corp | 2,461,571 | $20M | Reduced | Mar 2026 |
| 12 | Susquehanna International Group, Llp | 2,120,505 | $17M | Added | Mar 2026 |
| 13 | Principal Financial Group Inc | 1,802,171 | $16M | Reduced | Dec 2025 |
| 14 | Jane Street Group, Llc | 1,467,650 | $13M | Added | Dec 2025 |
| 15 | Invesco Ltd. | 1,605,694 | $13M | Added | Mar 2026 |
| 16 | Wells Fargo & Company/mn | 1,582,489 | $13M | New | Mar 2026 |
| 17 | D.e. Shaw & Co | 1,318,179 | $11M | Reduced | Mar 2026 |
| 18 | Barclays Plc | 1,281,846 | $10M | Reduced | Mar 2026 |
| 19 | Walleye Capital Llc | 1,111,116 | $9M | Added | Mar 2026 |
| 20 | First Trust Advisors Lp | 974,234 | $8M | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$5.05B
Enterprise Value
$7.71B
P/E (TTM)
-3.85x
Forward P/E
—
PEG Ratio
0.01x
P/B
1.45x
P/S
5.57x
P/FCF
-16.17x
EV/EBITDA
—
Shares Out
355.2M
Financials (TTM)
Revenue
$907.1M
Net Income
-$1.31B
EBITDA
-$49.4M
Free Cash Flow
-$312.3M
Op Cash Flow
$94.7M
EPS Basic
$-3.69
EPS Diluted
$-3.69
EPS Forward
$-2.44
Gross Margin
-47.7%
Op Margin
-90.6%
Net Margin
-144.6%
Balance Sheet
Total Assets
$7.42B
Total Liab.
$3.95B
Total Equity
$3.48B
Cash
$547.1M
LT Debt
$3.20B
Book Value/Sh
$9.79
Debt/Equity
1.05x
Current Ratio
1.27
Quick Ratio
1.27
Returns & Growth
ROE
-37.8%
ROA
-18.0%
ROIC
-10.8%
Rev Growth YoY
+38.2%
EPS Growth YoY
-297.3%
Price Returns
2W
+8.2%
1M
+19.9%
3M
+60.9%
6M
+21.8%
12M
+1.8%
Technicals
52W High
$22.84
52W Low
$6.73
50d MA
$12.63
200d MA
$12.54
RSI (14)
49.10
ATR (14)
$1.08
Beta
5.30
Avg Volume
39.9M
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
$16.13
High
$30.00
Low
$8.50
Median
$13.00
Data updated apr 25, 2026 8:33pm
· Source: financialmodelingprep.com