Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
MARA 
Marathon Digital Holdings Inc (MARA)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
11/10/2025: MARA (2-star) is a SELL. SELL since 5 days. Simulated Profits (-10.16%). Updated daily EoD!
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
15 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $22.87
1 Year Target Price $22.87
| 4 | Strong Buy |
| 2 | Buy |
| 8 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 30.04% | Avg. Invested days 41 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/10/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.00B USD | Price to earnings Ratio 6.18 | 1Y Target Price 22.87 |
Price to earnings Ratio 6.18 | 1Y Target Price 22.87 | ||
Volume (30-day avg) 15 | Beta 5.41 | 52 Weeks Range 9.81 - 30.28 | Updated Date 11/10/2025 |
52 Weeks Range 9.81 - 30.28 | Updated Date 11/10/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 2.57 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Earnings Date
Report Date 2025-11-05 | When - | Estimate -0.0997 | Actual 0.3747 |
Profitability
Profit Margin 100.82% | Operating Margin (TTM) 31.45% |
Management Effectiveness
Return on Assets (TTM) 4.96% | Return on Equity (TTM) 23.07% |
Valuation
Trailing PE 6.18 | Forward PE 39.53 | Enterprise Value 9496738565 | Price to Sales(TTM) 6.53 |
Enterprise Value 9496738565 | Price to Sales(TTM) 6.53 | ||
Enterprise Value to Revenue 11.89 | Enterprise Value to EBITDA 6.66 | Shares Outstanding 378184353 | Shares Floating 372322496 |
Shares Outstanding 378184353 | Shares Floating 372322496 | ||
Percent Insiders 0.59 | Percent Institutions 63.08 |
Upturn AI SWOT
Marathon Digital Holdings Inc
Company Overview
History and Background
Marathon Digital Holdings, Inc. (formerly Marathon Patent Group) was founded in 2010. Initially focused on patent licensing, it pivoted to Bitcoin mining in 2017. It has grown through strategic acquisitions and expansion of its mining operations.
Core Business Areas
- Bitcoin Mining: Focuses on mining Bitcoin through its extensive infrastructure of mining rigs and power resources.
Leadership and Structure
The leadership team is headed by Fred Thiel, CEO. The organizational structure is hierarchical, with departments focused on mining operations, technology, finance, and legal compliance.
Top Products and Market Share
Key Offerings
- Bitcoin Mining: Marathon's primary product is newly mined Bitcoin. They produce Bitcoin through mining operations. The company's market share fluctuates with network hashrate and mining difficulty. Competitors include Riot Platforms (RIOT), CleanSpark (CLSK), and Hut 8 (HUT).
Market Dynamics
Industry Overview
The Bitcoin mining industry is highly competitive and capital-intensive. It is influenced by Bitcoin price volatility, regulatory changes, and technological advancements in mining hardware.
Positioning
Marathon is one of the largest Bitcoin mining companies in North America, aiming for efficient and large-scale Bitcoin production. Its competitive advantage lies in scale, efficient energy sourcing, and technological innovation.
Total Addressable Market (TAM)
The TAM is the total market value of Bitcoin mining rewards. Marathon's position relative to TAM is based on its share of the total Bitcoin hashrate and block rewards captured. The TAM size is dependent on the current market value of bitcoin, and the value of each block reward.
Upturn SWOT Analysis
Strengths
- Large-scale mining operations
- Strong hashrate capacity
- Experienced management team
- High bitcoin production
Weaknesses
- High operational costs
- Exposure to Bitcoin price volatility
- Dependence on regulatory environment
- Geographic concentration of operations
Opportunities
- Expansion of mining capacity
- Diversification into related services (e.g., cloud mining)
- Adoption of more efficient mining technologies
- Strategic partnerships and acquisitions
Threats
- Increased mining difficulty
- Changes in Bitcoin protocol
- Regulatory scrutiny
- Competition from other mining companies
Competitors and Market Share
Key Competitors
- RIOT
- CLSK
- HUT
Competitive Landscape
Marathon benefits from economies of scale but is vulnerable to Bitcoin price fluctuations. Competitors have varying strategies, focusing on energy efficiency, geographical diversification, or technological innovation.
Major Acquisitions
Compute North
- Year: 2022
- Acquisition Price (USD millions):
- Strategic Rationale: Compute North went bankrupt, and Marathon Digital Holdings had to manage their hosting relationship.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by increased mining capacity and higher Bitcoin prices.
Future Projections: Future growth projections depend on Bitcoin adoption, mining efficiency improvements, and expansion strategies.
Recent Initiatives: Recent initiatives include expanding mining operations, securing favorable energy contracts, and investing in research and development.
Summary
Marathon Digital Holdings is a major player in Bitcoin mining, leveraging its large-scale operations. Its success is closely tied to Bitcoin prices and regulatory conditions, requiring careful management of operational costs. While expanding its mining capacity offers growth opportunities, threats like increased mining difficulty and competition must be addressed for sustained performance. Therefore, Marathon's viability depends on its future projections of growth and it's management.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Financial news sources
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Marathon Digital Holdings Inc
Exchange NASDAQ | Headquaters Hallandale Beach, FL, United States | ||
IPO Launch date 2012-05-04 | CEO & Executive Chairman Mr. Frederick G. Thiel | ||
Sector Financial Services | Industry Capital Markets | Full time employees 228 | Website https://www.mara.com |
Full time employees 228 | Website https://www.mara.com | ||
MARA Holdings, Inc. operates as a digital asset technology company in the United States and Europe. It also provides technology solutions to optimize data center operations, such as liquid immersion cooling and firmware for bitcoin miners. 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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.