Inside the research
MARA Holdings, Inc.
MARA Research profile · latest available data
Price overview
$12.55
▼ -0.37 (-2.9%)
| 52w hi | $22.84 |
|---|---|
| 52w lo | $6.73 |
| Vol | 36.73M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.47
| Short | +0.03 |
|---|---|
| Medium | -0.54 |
| Long | -1.34 |
computed 2026-09-27
Key fundamentals
MARA Holdings, Inc.
Financial Services · Capital Markets
| Market cap | $4.85B |
|---|---|
| Enterprise value | $6.99B |
| Forward P/E | -59.76x |
| EV / EBITDA | -3.72x |
| P / S (ttm) | 6.03x |
| Profit margin | 0.0% |
| Return on equity | -105.6% |
| Revenue growth | -26.7% |
| Debt / equity | 140.16 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.32 | |
| Sector | +0.02 | |
| Technical | -0.11 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
MARA Holdings, Inc. operates as an energy and digital infrastructure company in North America, the Middle East, Europe, and Latin America. The company leverages Bitcoin Mining and Artificial Intelligence compute to monetize excess energy and underutilized power, optimize power management across operations and support AI inference applications. The company was formerly known as Marathon Digital Holdings, Inc. and changed its name to MARA Holdings, Inc. in August 2024. MARA Holdings, Inc. was incorporated in 2010 and is based in Hallandale Beach, Florida.
Risk Metrics
| Beta vs SPX | 2.72 |
|---|---|
| Corr SPX | 0.49 |
| Annual vol | 88.2% |
| Annual ret | +27.3% |
| Sharpe | 0.31 |
| Max DD | -75.5% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-06 | Earnings Release, Exhibits | read |
| 2026-08-04 | Officer / Director Change, Reg FD Disclosure… | read |
| 2026-07-09 | Material Agreement, Acquisition / Disposition… | read |
| 2026-06-25 | Other Material Event, Exhibits | read |
| 2026-06-22 | Officer / Director Change, Shareholder Vote… | read |
| 2026-05-11 | Earnings Release, Exhibits | read |
| 2026-04-30 | Material Agreement, Reg FD Disclosure… | read |
| 2026-03-26 | Other Material Event | read |
| 2026-02-26 | Earnings Release, Exhibits | read |
| 2026-02-26 | Material Agreement, Reg FD Disclosure… | read |
| 2026-02-25 | Officer / Director Change, Exhibits | read |
| 2025-11-04 | Earnings Release, Exhibits | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 91.7% |
| HHI | 2,213 (moderate) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Millennium Management | $21.06M | 20.93M |
| Renaissance Technologies | $15.44M | 1.11M |
| AQR Capital Management | $13.51M | 972.58K |
| Citadel Advisors | $4.85M | 5.00M |
| Capital Research / Capital World | $4.53M | 4.54M |
| State Street Corp | $4.43M | 4.60M |
| Fidelity / FMR LLC | $958.43K | 69.00K |
| T. Rowe Price Group | $6.16K | 443.34K |
As of 2026-06-30
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $58.70M | +26.7% | |
| Operating income | $220.91M | +0.0% | |
| Net income | -$1.31B | — | |
| Cash from ops | -$802.73M | +128.4% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $12.99 | $12.99 | $12.12 | $12.55 | 36.73M |
| Sep 24 | $13.07 | $13.64 | $12.84 | $12.92 | 40.19M |
| Sep 23 | $13.45 | $13.65 | $13.27 | $13.35 | 37.42M |
| Sep 22 | $13.13 | $13.97 | $12.97 | $13.63 | 43.63M |
| Sep 21 | $13.94 | $13.98 | $13.16 | $13.28 | 52.03M |
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