MARA Holdings Inc
BMV:MARA
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
MARA Holdings Inc
BMV:MARA
|
US |
|
T
|
Tyntek Corp
TWSE:2426
|
TW |
|
Beijing UniStrong Science & Technology Co Ltd
SZSE:002383
|
CN |
|
T
|
Traction Uranium Corp
CNSX:TRAC
|
CA |
|
S
|
Song Da No 9 JSC
VN:SD9
|
VN |
MARA Holdings Inc
MARA Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the Bitcoin ecosystem. The company is headquartered in Fort Lauderdale, Florida and currently employs 152 full-time employees. The company went IPO on 2014-07-28. The firm secures the blockchain ledger and supports energy transformation by converting clean, stranded, or otherwise underutilized energy into economic value. The company also offers advanced technology solutions to optimize data center operations, including liquid immersion cooling and firmware for bitcoin miners. The company is primarily focused on computing for, acquiring, and holding digital assets as a long-term investment. Its core business is bitcoin mining, and it produces, or mines, bitcoin using energy-efficient fleets of specialized computers while providing dispatchable compute as an optionality to the electric grid operators to balance electric demands on the grid. The company is also engaged in the sale of data center infrastructure, such as immersion-cooled systems, to third parties operating in the bitcoin ecosystem and the artificial intelligence (AI) and high-performance compute (HPC) sectors.
MARA Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the Bitcoin ecosystem. The company is headquartered in Fort Lauderdale, Florida and currently employs 152 full-time employees. The company went IPO on 2014-07-28. The firm secures the blockchain ledger and supports energy transformation by converting clean, stranded, or otherwise underutilized energy into economic value. The company also offers advanced technology solutions to optimize data center operations, including liquid immersion cooling and firmware for bitcoin miners. The company is primarily focused on computing for, acquiring, and holding digital assets as a long-term investment. Its core business is bitcoin mining, and it produces, or mines, bitcoin using energy-efficient fleets of specialized computers while providing dispatchable compute as an optionality to the electric grid operators to balance electric demands on the grid. The company is also engaged in the sale of data center infrastructure, such as immersion-cooled systems, to third parties operating in the bitcoin ecosystem and the artificial intelligence (AI) and high-performance compute (HPC) sectors.
Strategic Pivot: MARA announced a joint venture with Starwood Digital Ventures to expand from Bitcoin mining into AI and high-performance computing (HPC), aiming to develop over 1 gigawatt of IT capacity with a pathway to 2.5 gigawatts.
New Acquisition: MARA acquired a 64% stake in Exaion, adding sovereign and enterprise AI/cloud capabilities and expanding its global infrastructure strategy.
Revenue: Q4 revenue was $202.3 million, down from $214.4 million in Q4 2024. Full-year 2025 revenue grew 38% to $907.1 million from $656.4 million in 2024.
Bitcoin Volatility: MARA faced a challenging macro environment with Bitcoin price swinging from $111,000 to $87,000 in the quarter, resulting in a net loss of $1.7 billion for Q4 due to a $1.5 billion fair value loss on digital assets.
Operational Strength: Energized hash rate increased 25% year-over-year to 66.4 exahash; Bitcoin holdings rose over 20% to nearly 54,000 Bitcoin.
Capital Allocation Shift: MARA began selling Bitcoin to fund operations in the second half of 2025 and plans to continue opportunistically monetizing Bitcoin in 2026.
Cost Control: Daily cost per petahash per day improved 4% year-over-year to $30.5, with owned site energy costs at $0.04 per kWh.
