Marathon Digital Holdings, Inc. operates as a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in United States. As of December 31, 2021, it had approximately 8,115 bitcoins, which included the 4,794 bitcoins held in the investment fund. The company was formerly known as Marathon Patent Group, Inc. and changed its name to Marathon Digital Holdings, Inc. in February 2021. Marathon Digital Holdings, Inc. was incorporated in 2010 and is headquartered in Las Vegas, Nevada.
Company profile
Ticker
MARA
Exchange
Website
CEO
Mr. Frederick G. Thiel
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Liberty Global • Navient • EnLink Midstream • Post • 20230930-DK-Butterfly-1 • Xylem • ONE Gas • MRC Global • Global Net Lease • Genmab A/S ...
Former names
TCS Holdings
SEC CIK
Corporate docs
Subsidiaries
MARA Tech, Inc. • Marathon Digital International, Inc. • Marathon Digital Leasing, LLC • Crypto Currency Patent Holding Company, LLC • MARA Pool LLC • Marathon Crypto Mining, Inc • Soems Acquisition Corp. ...
IRS number
10949984
MARA stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
MARA Announces Access to $200M Line of Credit
15 Oct 24
8-K
Regulation FD Disclosure
10 Sep 24
8-K
MARA Appoints Janet George and Barbara Humpton to Board of Directors and Names Doug Mellinger Lead Independent Director
5 Sep 24
8-K
Marathon Digital Holdings, Inc. Completes $300 Million Offering of 2.125% Convertible Senior Notes Due 2031, Purchases $249 Million of Bitcoin
14 Aug 24
8-K
Marathon Digital Holdings, Inc. Announces Proposed Private Offering of
13 Aug 24
10-Q
2024 Q2
Quarterly report
1 Aug 24
8-K
MARA Reports Second Quarter 2024 Results
1 Aug 24
8-K
Departure of Directors or Certain Officers
28 Jun 24
DEFA14A
Additional proxy soliciting materials
20 Jun 24
10-K/A
2023 FY
Annual report (amended)
24 May 24
Transcripts
MARA
Earnings call transcript
2024 Q2
1 Aug 24
MARA
Earnings call transcript
2024 Q1
9 May 24
MARA
Earnings call transcript
2023 Q4
28 Feb 24
MARA
Earnings call transcript
2023 Q3
8 Nov 23
MARA
Earnings call transcript
2023 Q2
8 Aug 23
MARA
Earnings call transcript
2023 Q2
8 Aug 23
MARA
Earnings call transcript
2023 Q1
11 May 23
MARA
Earnings call transcript
2022 Q3
9 Nov 22
MARA
Earnings call transcript
2022 Q2
9 Aug 22
MARA
Earnings call transcript
2022 Q1
5 May 22
Latest ownership filings
4
Salman Hassan Khan
18 Oct 24
4
Frederick G Thiel
18 Oct 24
SC 13G/A
BlackRock, Inc.
18 Oct 24
4
DOUGLAS K MELLINGER
16 Oct 24
144
Notice of proposed sale of securities
16 Oct 24
144
Notice of proposed sale of securities
16 Oct 24
144
Notice of proposed sale of securities
15 Oct 24
4
Salman Hassan Khan
3 Oct 24
4
Frederick G Thiel
20 Sep 24
4
Salman Hassan Khan
20 Sep 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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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) | 268.03 mm | 268.03 mm | 268.03 mm | 268.03 mm | 268.03 mm | 268.03 mm |
Cash burn (monthly) | 18.75 mm | 7.95 mm | 77.47 mm | (no burn) | 38.39 mm | 31.36 mm |
Cash used (since last report) | 70.40 mm | 29.87 mm | 290.89 mm | n/a | 144.16 mm | 117.75 mm |
Cash remaining | 197.63 mm | 238.16 mm | -22.86 mm | n/a | 123.87 mm | 150.28 mm |
Runway (months of cash) | 10.5 | 29.9 | -0.3 | n/a | 3.2 | 4.8 |
Institutional ownership, Q2 2024
59.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 338 |
Opened positions | 93 |
Closed positions | 57 |
Increased positions | 125 |
Reduced positions | 68 |
13F shares | Current |
---|---|
Total value | 3.14 tn |
Total shares | 173.77 mm |
Total puts | 16.73 mm |
Total calls | 17.55 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 43.02 mm | $853.87 bn |
Vanguard | 32.29 mm | $640.99 bn |
Susquehanna Securities | 10.73 mm | $107.34 mm |
STT State Street | 10.64 mm | $211.25 bn |
Jane Street | 6.91 mm | $137.07 bn |
Geode Capital Management | 6.78 mm | $134.59 bn |
MS Morgan Stanley | 5.59 mm | $110.97 bn |
Dimensional Fund Advisors | 3.24 mm | $64.25 bn |
Susquehanna International | 2.74 mm | $54.39 bn |
Charles Schwab Investment Management | 2.44 mm | $48.42 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Oct 24 | Salman Hassan Khan | Common Stock | Sell | Dispose S | No | Yes | 17.5 | 16,700 | 292.25 k | 2,077,232 |
16 Oct 24 | Frederick G Thiel | Common Stock | Sell | Dispose S | No | Yes | 17.5 | 27,505 | 481.34 k | 4,250,804 |
14 Oct 24 | Mellinger Douglas K | Common Stock | Sell | Dispose S | No | Yes | 16.77 | 1,000 | 16.77 k | 140,756 |
1 Oct 24 | Salman Hassan Khan | Common Stock | Payment of exercise | Dispose F | No | No | 15.07 | 9,415 | 141.88 k | 2,093,932 |
20 Sep 24 | Frederick G Thiel | Common Stock | Sell | Dispose S | No | Yes | 15.7 | 27,512 | 431.94 k | 4,278,309 |
News
Bitcoin Equities, ETF Inflows Surge As Price Moves Above $67,000
21 Oct 24
What's Going On With Bitcoin Mining Stock MARA Holdings Wednesday?
16 Oct 24
MARA Secures $200M Line Of Credit, Collateralized By Portion Of Its Bitcoin Holdings
15 Oct 24
S&P 500 Extends Record Highs, Dow Breaks 43,000 Ahead Of Pivotal Earnings Week, Bitcoin's Rally Lifts Crypto Stocks: What's Driving Markets Monday?
14 Oct 24
10 Information Technology Stocks Whale Activity In Today's Session
14 Oct 24
Press releases
Tesla Transfers Bitcoin Holding To A Digital Wallet
16 Oct 24
MARA Announces Access to $200M Line of Credit
15 Oct 24
MARA Announces Bitcoin Production and Mining Operation Updates for September 2024
2 Oct 24
Bitcoin Network Hits Record Power Usage
16 Sep 24
MARA Appoints Janet George and Barbara Humpton to Board of Directors and Names Doug Mellinger Lead Independent Director
5 Sep 24