Marathon Digital Holdings is focused on securing and supporting the development of the Bitcoin ecosystem by building one of the largest, most agile, and most sustainable bitcoin mining operations in the world. We’re here to help make Bitcoin more secure and more widely adopted by bringing a professional and innovative approach to securing the blockchain.
Company profile
Ticker
MARA
Exchange
Website
CEO
Merrick Okamoto
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
American Strategic Minerals Corp, Marathon Patent Group, Inc., VERVE VENTURES INC
SEC CIK
Corporate docs
IRS number
10949984
MARA stock data
Latest filings (excl ownership)
8-K
Marathon Digital Holdings Announces Completion of Privately Negotiated Convertible Note Exchanges
21 Sep 23
8-K
Regulation FD Disclosure
12 Sep 23
8-K
Marathon Digital Holdings Announces Private Exchanges of Approximately $417 Million of 1.00% Convertible Notes Due 2026 for Shares of Common Stock
8 Sep 23
DEF 14A
Definitive proxy
28 Aug 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
8 Aug 23
8-K
Amendments to Articles of Incorporation or Bylaws
3 Aug 23
8-K
Amendments to Articles of Incorporation or Bylaws
31 Jul 23
DEFA14A
Additional proxy soliciting materials
21 Jul 23
8-K
Other Events
21 Jul 23
Latest ownership filings
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 241.64 mm | 241.64 mm | 241.64 mm | 241.64 mm | 241.64 mm | 241.64 mm |
| Cash burn (monthly) | 2.71 mm | (no burn) | 6.31 mm | 43.52 mm | 38.02 mm | 23.21 mm |
| Cash used (since last report) | 7.63 mm | n/a | 17.76 mm | 122.50 mm | 107.02 mm | 65.33 mm |
| Cash remaining | 234.01 mm | n/a | 223.87 mm | 119.14 mm | 134.61 mm | 176.31 mm |
| Runway (months of cash) | 86.4 | n/a | 35.5 | 2.7 | 3.5 | 7.6 |
Institutional ownership, Q2 2023
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0.00 |
| Total shares | 0.00 |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Aug 23 | Ashu Swami | Common Stock | Sell | Dispose S | No | No | 13.81 | 3,267 | 45.12 k | 7,491 |
| 31 Aug 23 | Ashu Swami | Common Stock | Sell | Dispose S | No | No | 13.8 | 7,733 | 106.72 k | 10,758 |
| 23 Aug 23 | Said Ouissal | Common Stock | Sell | Dispose S | No | No | 11.8 | 5,000 | 59.00 k | 10,217 |
| 22 Aug 23 | Said Ouissal | Common Stock | Sell | Dispose S | No | No | 10.95 | 15,000 | 164.25 k | 15,217 |
| 27 Feb 23 | James Crawford | Common Stock | Conversion | Acquire C | No | No | 7.11 | 20,605 | 146.50 k | 230,641 |
| 27 Feb 23 | James Crawford | RSUs Common | Sale back to company | Dispose D | No | No | 7.11 | 37,500 | 266.63 k | 112,500 |
| 23 Feb 22 | James Crawford | RSUs Common | Grant | Acquire A | No | No | 21.04 | 150,000 | 3.16 mm | 150,000 |
News
10 Information Technology Stocks With Whale Alerts In Today's Session
21 Sep 23
Shares Of Bitcoin Miner Marathon Digital Are Moving Lower: What's Going On?
21 Sep 23
TradeUP, FedEx, Marathon Digital, Enovix, Tesla: Why These 5 Stocks Are On Investors' Radars Today?
20 Sep 23
10 Information Technology Stocks With Whale Alerts In Today's Session
18 Sep 23
Why Marathon Digital Stock Is Seeing Blue Skies
18 Sep 23
Press releases
Marathon Digital Holdings Announces Completion of Privately Negotiated Convertible Note Exchanges
20 Sep 23
H. C. Wainwright Announces Annual Bitcoin Mining Panel Discussion
11 Sep 23
Marathon Digital Holdings Announces Private Exchanges of Approximately $417 Million of 1.00% Convertible Notes Due 2026 for Shares of Common Stock
8 Sep 23
Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for August 2023
5 Sep 23
Marathon Digital Holdings Reports Second Quarter 2023 Results
8 Aug 23