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MARA Holdings Inc
Previous close
$18.34
Day range
$17.42 - $18.17
Year range
$13.17 - $34.09
Market cap
6.06B USD
Avg Volume
57.67M
P/E ratio
19.70
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 131.65M | 34.54% |
Operating expense | 167.89M | 127.84% |
Net income | -124.79M | -31,897.18% |
Net profit margin | -94.79 | -23,597.50% |
Earnings per share | -0.20 | -190.43% |
EBITDA | -32.42M | -279.30% |
Effective tax rate | 28.26% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 164.26M | 62.29% |
Total assets | 3.58B | 158.72% |
Total liabilities | 724.56M | 99.15% |
Total equity | 2.86B | — |
Shares outstanding | 321.83M | — |
Price to book | 1.96 | — |
Return on assets | -9.99% | — |
Return on capital | -10.31% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | -124.79M | -31,897.18% |
Cash from operations | -160.08M | -96.14% |
Cash from investing | -537.67M | -1,701.25% |
Cash from financing | 605.98M | 2,746.32% |
Net change in cash | -91.77M | -243.06% |
Free cash flow | -492.55M | -10,498.15% |
About
MARA Holdings, Inc. is an American digital asset technology company, which engages in mining cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. The company was founded on February 23, 2010 and is headquartered in Fort Lauderdale, Florida. The company was formerly known as Marathon Patent Group and was the patent holding company that is the parent of Uniloc, allegedly a patent troll company.
Marathon purchased patents related to encryption in the 2010s and in 2021 it was known for its purchases of bitcoin and bitcoin mining equipment and a joint venture to use 37 MW from the Hardin Generating Station Montana coal plant to power an adjacently-constructed Marathon bitcoin data center.
The company changed its name to Marathon Digital Holdings, effective March 1, 2021. It subsequently changed its name to MARA Holdings on August 29, 2024.
MARA is considered one of the world's largest bitcoin miners. It is also the second largest corporate holder of bitcoin, owning 25,945 BTC as of November 2024, behind MicroStrategy.
Its chief executive officer is Fred Thiel. Wikipedia
CEO
Founded
Feb 23, 2010
Headquarters
Website
Employees
130
