MH

Marathon Digital Holdings

MARA
NASDAQInformation Technology
$11.95
USD
+1.22(+11.43%)
At close: Apr 30, 17:17 UTC
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Open

$12.02

Prev. Close

$12.02

High

$12.03

Low

$11.95

Market Snapshot

Market Cap

$4.05B

P/E Ratio

-3.1

EPS

1.98

Revenue

$656.38M

Employees

266

Why MARA moved

Marathon Digital Holdings launched the MARA Foundation to bolster Bitcoin security against quantum threats and ensure enhanced long-term resilience for the cryptocurrency network.

About

MARA Holdings, Inc. is a digital asset technology company, which engages in mining cryptocurrencies with a focus on the Bitcoin ecosystem. The company is headquartered in Hallandale Beach, Florida and currently employs 266 full-time employees. The company went IPO on 2014-07-28. The firm secures the blockchain ledger and supports energy transformation by converting clean, stranded, or otherwise underutilized energy into economic value. The company also offers advanced technology solutions to optimize data center operations, including liquid immersion cooling and firmware for bitcoin miners. The company is primarily focused on computing for, acquiring, and holding digital assets as a long-term investment. Its core business is bitcoin mining, and it produces, or mines, bitcoin using energy-efficient fleets of specialized computers while providing dispatchable compute as an optionality to the electric grid operators to balance electric demands on the grid. The company is also engaged in the sale of data center infrastructure, such as immersion-cooled systems, to third parties operating in the bitcoin ecosystem and the artificial intelligence (AI) and high-performance compute (HPC) sectors.

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