Enterprise Value
$9,000M
Market cap plus debt minus cash
About MARA Holdings, Inc.
MARA Holdings, Inc., listed on Nasdaq with the ticker MARA, is a leading digital asset technology company headquartered in Fort Lauderdale, Florida. Founded in 2010, the company, originally named Marathon Patent Group, shifted its focus to blockchain and cryptocurrency mining, rebranding to MARA Holdings in 2024. Its core operations involve large-scale Bitcoin mining, securing the blockchain ledger, and optimizing data center efficiency through advanced technologies like liquid immersion cooling and custom firmware.
MARA employs a robust Bitcoin treasury strategy, retaining mined Bitcoin as a strategic reserve asset to preserve long-term value and hedge against inflation. This approach underscores its view of Bitcoin as a cornerstone of corporate finance. Beyond mining, MARA explores innovative digital asset strategies, including lending portions of its Bitcoin to generate yield and developing solutions for tokenizing assets. Its vertical integration, owning significant compute capacity, enhances operational resilience and positions it as a leader in digital asset compute.
Under the leadership of CEO Fred Thiel, a prominent figure in the cryptocurrency industry, MARA maintains a strong industry presence through strategic acquisitions and partnerships, such as with TAE Power Solutions for energy management. The company’s commitment to sustainable energy solutions and innovation ensures its relevance in the evolving digital economy. MARA’s focus on scaling operations and advancing blockchain technology solidifies its role as a pioneer in the digital asset landscape.
Recent Developments
- Sep 5, 2025: Bitcoin holdings increased by 1838.00 BTC to 52477 BTC with cost basis of $5.8B
- Aug 4, 2025: Bitcoin holdings increased by 639.00 BTC to 50639 BTC with cost basis of $5.8B
- Jul 3, 2025: Bitcoin holdings increased by 60.00 BTC to 50000 BTC with cost basis of $5.4B
- Jul 1, 2025: Bitcoin holdings increased by 81.00 BTC to 49940 BTC with cost basis of $5.4B
- Jun 29, 2025: Bitcoin holdings increased by 181.00 BTC to 49859 BTC with cost basis of $5.4B
MARA Holdings, Inc. — Bitcoin Holdings Over Time
1y - Present
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MARA Holdings, Inc. — Stock vs BTC Dynamics
1y - Present
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Balance Sheet History