MARA Holdings, Inc. (formerly Marathon Digital Holdings and Marathon Patent Group) is an American digital asset technology and cryptocurrency mining company headquartered in Fort Lauderdale, Florida. Founded in 2010, the company initially operated as a patent holding company before pivoting in the late 2010s to focus on blockchain infrastructure and digital assets.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| MARA | MARA Holdings, Inc. | 2025-10-16 22:20:56 | 20.22 | -0.05 | -0.22 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARA | 0001507605 | MARA Holdings, Inc. | US5657881067 | 549300M8ISKPTX2W7F94 | 010949984 | Nasdaq | 6199 | Finance Services | 1231 | NV | 1010 SOUTH FEDERAL HIGHWAY | HALLANDALE BEACH | FL | 33009 | UNITED STATES | US | (800) 804-1690 | 1010 SOUTH FEDERAL HIGHWAY, HALLANDALE BEACH, FL, 33009 | 1010 SOUTH FEDERAL HIGHWAY, HALLANDALE BEACH, FL, 33009 | MARATHON DIGITAL HOLDINGS, INC. | — | 2010-02-23 | Fred Thiel | 150 | https://mara.com | 5,700,000,000 | 362,337,906 | 370,457,880 | MARA Holdings, Inc. (formerly Marathon Digital Holdings and Marathon Patent Group) is an American digital asset technology and cryptocurrency mining company headquartered in Fort Lauderdale, Florida. Founded in 2010, the company initially operated as a patent holding company before pivoting in the late 2010s to focus on blockchain infrastructure and digital assets. | 2025-10-10 20:00:27 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 5,700,000,000 | 3,300,000,000 | 137.5 | 345,816,827 | 63,029,462 | 22.2886 |
| 2023 | 2,400,000,000 | 1,800,000,000 | 300 | 282,787,365 | 115,540,335 | 69.0836 |
| 2022 | 600,000,000 | -2,500,000,000 | -80.6452 | 167,247,030 | 64,194,961 | 62.2937 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Zabi Nowaid | Corporate Secretary, General Counsel | 2024 | 375,000 | 125,000 | — | 525,938 | 9,844 | 11,587,075 |
| Salman Khan | Chief Financial Officer | 2024 | 625,000 | 0 | — | 1,314,844 | 123,073 | 28,441,126 |
| Fred Thiel | Chief Executive Officer, Chairman Of The Board | 2024 | 950,000 | 0 | — | 1,998,563 | 201,390 | 43,244,809 |
| Ashu Swami | Chief Technology Officer | 2023 | 285,312 | 427,969 | — | — | 9,900 | 9,768,227 |
| Salman Khan | Chief Financial Officer | 2023 | 241,099 | 623,438 | — | 0 | 134,900 | 21,167,804 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 152 |
| 2023 | 60 |
| 2022 | 30 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 656,378,000 | 387,508,000 | 117,753,000 |
| Cost Of Revenue | 815,751,000 | 402,851,000 | 151,426,000 |
| Gross Profit | — | 10,700,000 | — |
| Research And Development Expenses | 13,229,000 | — | — |
| General And Administrative Expenses | 272,078,000 | 95,230,000 | 56,739,000 |
| Operating Expenses | -465,484,000 | -236,254,000 | 630,195,000 |
| Operating Income | 306,111,000 | 220,911,000 | -663,868,000 |
| Net Income | 541,253,000 | 261,173,000 | -686,740,000 |
| Earnings Per Share Basic | 1.87 | 1.41 | -6.05 |
| Earnings Per Share Diluted | 1.72 | 1.06 | — |
| Weighted Average Shares Outstanding Basic | 289,961,989 | 183,855,570 | 113,467,837 |
| Weighted Average Shares Outstanding Diluted | 311,841,347 | 192,293,277 | — |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 391,771,000 | 357,313,000 | 103,705,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | — | — | — |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | — |
| Other Assets Current | — | — | — |
| Total Assets Current | 470,373,000 | 1,029,803,000 | 277,548,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 1,549,491,000 | 671,772,000 | 273,026,000 |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | 6,330,944,000 | 961,170,000 | 917,696,000 |
| Total Assets | 6,801,317,000 | 1,990,973,000 | 1,195,244,000 |
| Accounts Payable | 12,556,000 | 11,343,000 | 1,311,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 0 | 0 | — |
| Other Liabilities Current | 5,347,000 | 22,015,000 | 22,294,000 |
| Total Liabilities Current | 95,197,000 | 33,758,000 | 26,113,000 |
| Long Term Debt | 2,446,578,000 | 325,654,000 | 732,289,000 |
| Other Liabilities Non Current | 8,411,000 | — | — |
| Total Liabilities Non Current | 2,570,178,000 | 341,294,000 | 783,188,000 |
| Total Liabilities | 2,665,375,000 | 375,052,000 | 809,301,000 |
| Common Stock | 34,000 | 24,000 | 15,000 |
| Retained Earnings | -26,387,000 | -567,640,000 | -840,339,000 |
| Accumulated Other Comprehensive Income | — | — | — |
| Total Shareholders Equity | 4,129,033,000 | 1,615,921,000 | 385,943,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 403,706,000 | 179,513,000 | 78,709,000 |
| Share Based Compensation Expense | 157,642,000 | 32,644,000 | 24,595,000 |
| Other Non Cash Income Expense | 0 | 0 | 83,880,000 |
| Change In Accounts Receivable | 9,319,000 | — | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | 189,605,000 | 23,777,000 | 24,469,000 |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 13,198,000 | 146,000 | 13,223,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | -677,022,000 | -315,651,000 | -176,481,000 |
| Purchases Of Marketable Securities | 84,500,000 | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 250,825,000 | 27,611,000 | 41,108,000 |
| Acquisition Of Business | 335,630,000 | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -3,229,059,000 | 4,595,000 | -390,228,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | 1,851,621,000 | 608,365,000 | 361,486,000 |
| Repurchase Of Common Stock | 34,857,000 | — | — |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | 3,952,539,000 | 555,864,000 | 410,655,000 |
| Change In Cash | 46,458,000 | 244,808,000 | -156,054,000 |
| Cash At End Of Period | 391,771,000 | 357,313,000 | 103,705,000 |
| Income Taxes Paid | 1,148,000 | 723,000 | — |
| Interest Paid | 678,000 | 7,392,000 | 11,432 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 1.87 | 1.41 | -6.05 |
| Price To Earnings Ratio | 8.9679 | 16.6596 | -0.5653 |
| Earnings Growth Rate | 32.6241 | -123.3058 | 1,580.5556 |
| Price Earnings To Growth Ratio | 0.2749 | -0.1351 | -0.0004 |
| Book Value Per Share | 14.2637 | 8.7891 | 3.4013 |
| Price To Book Ratio | 1.1757 | 2.6726 | 1.0055 |
| Ebitda | 959,103,000 | 451,759,000 | -593,051,000 |
| Enterprise Value | 6,917,469,555.53 | 4,287,108,339.3 | 1,016,644,002.54 |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | 0.5925 | 0.2015 | 1.8974 |
| Capital Expenditures | 1,281,425,000 | 578,259,000 | 75,492,206 |
| Free Cash Flow | -1,958,447,000 | -893,910,000 | -251,973,206 |
| Return On Equity | 0.1311 | 0.1616 | -1.7794 |
| One Year Beta | 3.3898 | 3.4009 | 3.1647 |
| Three Year Beta | 3.26 | 3.4256 | 2.4084 |
| Five Year Beta | 2.5492 | 2.3834 | 2.1618 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| MELLINGER DOUGLAS K | Director | 2025-10-07 | 1,000 | D | 171,859 |
| Khan Salman Hassan | Chief Financial Officer | 2025-10-06 | 9,165 | D | 1,351,312 |
| Khan Salman Hassan | Chief Financial Officer | 2025-10-01 | 8,136 | D | 1,360,477 |
| Nowaid Zabi | General Counsel | 2025-10-01 | 3,254 | D | 781,110 |
| Thiel Frederick G | Director, Chief Executive Officer | 2025-10-01 | 9,584 | D | 3,746,205 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Capital Advisors, Ltd. LLC | 2025-09-30 | 1,000 | 54 | 18.5185 |
| Financial Management Professionals, Inc. | 2025-09-30 | 639 | 35 | 18.2571 |
| CWM, LLC | 2025-09-30 | 212,000 | 11,610 | 18.2601 |
| Pacer Advisors, Inc. | 2025-09-30 | 15,722 | 861 | 18.2602 |
| Brookstone Capital Management | 2025-09-30 | 1,222,117 | 66,929 | 18.2599 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| TRUST FOR PROFESSIONAL MANAGERS | 2025-08-31 | Column Small Cap Fund | CFSLX | 18,642 | 297,899.16 | 0.0622 |
| Pacer Funds Trust | 2025-07-31 | Pacer WealthShield ETF | PWS | 732 | 11,770.56 | 0.0444 |
| Tidal Trust II | 2025-07-31 | YieldMax Ultra Option Income Strategy ETF | ULTY | 5,821,800 | 93,614,544 | 3.6153 |
| Tidal Trust II | 2025-07-31 | YieldMax(R) MARA Option Income Strategy ETF | MARO | -77,605 | -21,173,755.96 | -16.8848 |
| Tidal Trust II | 2025-07-31 | YieldMax(R) Crypto Industry & Tech Portfolio Option Income ETF | LFGY | 694,355 | 11,165,228.4 | 5.7631 |