Headquartered in Hallandale Beach, FL Fiscal year ends December NASDAQ: MARA mara.com
MARA Holdings, Inc. (NASDAQ: MARA) is a digital infrastructure company that operates one of the world's largest Bitcoin mining platforms with 19 data centers across four continents. The company is vertically integrated across power, land, and compute, deploying digital energy technologies to transform excess energy into digital capital. MARA is strategically pivoting to become an AI data center infrastructure provider, leveraging its existing portfolio of utility-scale power assets. The company's operations span Bitcoin mining (its current core business), digital infrastructure development for AI/HPC workloads, Exaion (a European subsidiary providing private AI cloud infrastructure and sovereign computing services), and technology initiatives including Vertebr.AI (power optimization platform) and Hashrate Under Management (blockchain financial infrastructure). MARA maintains a significant Bitcoin treasury of 35,577 BTC and has a strategic partnership with Starwood for data center development. The company is pursuing the acquisition of Long Ridge Energy and recently secured rights to a 2 GW site in Texas, targeting a total powered land portfolio of up to 4.8 GW. Updated
A 10.8% drop to $5.98 from a $6.70 open takes roughly $280 million off this $2.3 billion miner in one session, and it leaves the stock trading below $6 for the first time in this slide. Another leg lower puts the single-digit floor in play.
A near 10% day to $7.16 adds roughly a tenth to a $2.8 billion market cap, the kind of swing that makes this bitcoin miner a leveraged proxy on crypto. Whether it holds the $7 handle into the next session is the thing to watch.
Four of Monday's five biggest gainers were bitcoin miners and data center names, led by Cipher Digital's 17.7% close. Shopify ran the other way with an 8.3% drop, the session's sharpest decline across 381 priority stocks.
A 9% intraday pop to $7.10 adds roughly a quarter of a billion to a $2.7 billion market cap in one session, the kind of swing that makes this miner a leveraged bet. Whether it holds into the close is the tell.
At $6.43, the biggest listed bitcoin miner is now 4.46% under its February low and worth just $2.5 billion. That undercuts every price the stock has traded at in the past year.
Same sector, same three years: $10,000 in Iren is worth $108,872 today, while the same bet on Marathon Digital sits at $11,854. Picking the right bitcoin miner mattered nearly 11x more than picking the trade.
NuScale Power is off 5.9% at today's open, with four other names down more than 4.9% and the best gainer, Constellation Brands, up just 2.3%. Refiners and energy fill out the rest of the green.
Storage names are taking the brunt of the open, with Seagate down 14.8%. On the other side, ON Semiconductor leads the gainers, leaving the spread across this stock universe at roughly 21 points in a single session.
Bitcoin miners owned Thursday's close, led by Marathon Digital finishing 13.5% higher, with Cipher Mining and Iren both up 7% or more. Large-cap losses ran heavier than usual, with Qualcomm off 5.66% and General Motors down 4.93%.
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Cryptocurrency mining stocks are brushing off a fresh round of analyst price target cuts, and buyers are stepping back in after a sharp selloff. MARA Holdings (NASDAQ:MARA | MARA Price Prediction) stock…
MARA Holdings (NASDAQ:MARA | MARA Price Prediction), the largest publicly traded Bitcoin miner, transferred 1,000 Bitcoin (CRYPTO:BTC), valued at around $82.8 million, to the Binance and Gate exchanges over five days, according…
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Sam Daodu MARA Holdings, Inc. (NASDAQ: MARA) is a digital infrastructure company that operates one of the world's largest Bitcoin mining platforms with 19 data centers across four continents.
The Wall Street consensus 12-month price target for MARA is $18.22. MARA price prediction →
