Akcie společnosti Marathon Digital za poslední měsíc ztratily 41,7 %. Zacks jí ponechal hodnocení Zacks Rank #3 (Hold), přičemž odhady zisku zůstaly beze změny.
Marathon Digital Holdings, Inc. (MARA - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this company have returned -41.7% over the past month versus the Zacks S&P 500 composite's no change. The Zacks Financial - Miscellaneous Services industry, to which Marathon Digital belongs, has lost 6.1% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Marathon Digital is expected to post a loss of $0.04 per share for the current quarter, representing a year-over-year change of +87.5%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
For the current fiscal year, the consensus earnings estimate of -$5.25 points to a change of -42.3% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $1 indicates a change of +81% from what Marathon Digital is expected to report a year ago. Over the past month, the estimate has remained unchanged.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Marathon Digital is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of Marathon Digital, the consensus sales estimate of $209.57 million for the current quarter points to a year-over-year change of -17%. The $809.8 million and $1.11 billion estimates for the current and next fiscal years indicate changes of -10.7% and +37.1%, respectively.
Last Reported Results and Surprise HistoryMarathon Digital reported revenues of $174.88 million in the last reported quarter, representing a year-over-year change of -26.7%. EPS of -$0.7 for the same period compares with -$0.81 a year ago.
Compared to the Zacks Consensus Estimate of $208.49 million, the reported revenues represent a surprise of -16.12%. The EPS surprise was -25%.
Over the last four quarters, Marathon Digital surpassed consensus EPS estimates times. The company topped consensus revenue estimates just once over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Marathon Digital is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Marathon Digital. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
The largest Bitcoin miner just moved 1,000 BTC onto exchanges while its holdings have quietly shrunk by thousands of coins, and now Michael Saylor is hinting at a buy. Whether that signals a sale, a loan, or something else changes…
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MARA Holdings (NASDAQ:MARA | MARA Price Prediction), the largest publicly traded Bitcoin miner, transferred 1,000 Bitcoin (CRYPTO:BTC), valued at around $82.8 million, to the Binance and Gate exchanges over five days, according to the on-chain tracker Lookonchain. MARA hasn’t explained these transfers. So, is MARA selling Bitcoin?
In contrast, Michael Saylor, executive chairman of Strategy Inc. (NASDAQ:MSTR), signaled more Bitcoin purchases. He tweeted, “We found room for more orange,” his usual hint at another purchase. Strategy Inc. holds 848,250 BTC and last reported buying 250 BTC, though it has not made a new announcement yet.
Bitcoin trades at approximately $82,720. MARA shares were at $7.70 premarket, up 2.3% from the previous close of $7.53, even though they remain down 20.2% for the week and 30.3% for the month.
Meanwhile, Strategy Inc. was trading at around $140 premarket, down 9.6% for the week, as investors worry that a stock index could drop the company.
MARA’s Mining Revenue Falls as Its Costs Climb
MARA primarily earns revenue through Bitcoin mining, where specialized computers compete to add new blocks to the network and earn newly mined coins. Its revenue decreased to $174.9 million in the second quarter, down from $238.5 million the previous year. A 28% drop in Bitcoin’s average price cut revenue by $65.9 million.
MARA’s hashrate, the total computing power its machines contribute to the network, rose to 70.3 exahashes per second. However, the cost of energy needed to mine each Bitcoin has increased to $38,690 from $33,735 a year ago. Management attributed this rise to increased mining difficulty, which occurs when more machines come online.
About $343 million of MARA’s $611.3 million net loss came from a mark-to-market loss, which is a paper loss from valuing its Bitcoin at lower prices without selling any coins. Management noted that every $10,000 change in Bitcoin’s price affects that line by approximately $350 million. MARA ended the quarter with $421.3 million in cash.
MARA Is Spending Heavily on Power and AI
MARA is also moving into energy and is acquiring Long Ridge Energy, a gas-fired power plant, in a $1.5 billion deal, including debt. MARA plans to assume about $900 million of Long Ridge’s debt, and the deal is pending approval from the Federal Energy Regulatory Commission (FERC).
MARA has also secured rights to a 2 GW-powered site in Matagorda County, Texas, with plans to convert most of its capacity for AI and high-performance computing through a joint venture with Starwood. Its Exaion unit already operates an AI cloud in Europe, ensuring customer data complies with European regulations. We also cover seven suppliers benefiting from similar shifts in a free AI infrastructure report.
To finance these ventures, MARA borrowed $600 million using Bitcoin-backed credit facilities with Coinbase (NASDAQ:COIN) and Two Prime at an average interest rate of 7.6%. Lenders can claim the pledged Bitcoin if MARA fails to repay, and the new loans left 54% of MARA’s Bitcoin pledged as collateral.
Management has indicated that MARA will continue to sell Bitcoin selectively to fund operations. Its filings support this, showing MARA held 35,577 BTC at the end of June, down from 49,951 BTC a year earlier, with no updated figures released since its August 6 earnings call.
Saylor’s Buy Hint Cannot Offset MARA’s Exchange Deposits
Companies that send coins to an exchange are often preparing to sell, as exchanges facilitate trades between buyers and sellers. However, companies also move coins for other reasons, like lending them out, using them as collateral, or hedging against price fluctuations. MARA does engage in lending; in the second quarter, it had 4,742 BTC out on loan, generating about $4.3 million in interest.
While the deposits may imply a sale, they don’t prove one. MARA reported Coinbase and Two Prime as lenders for the new credit lines, yet the coins were sent to Binance and Gate. MARA has not disclosed any specific buyers, sale prices, or proceeds, and it hasn’t confirmed the wallet labels Lookonchain assigned.
Saylor’s tweet also warrants close examination. As the head of the largest corporate holder of Bitcoin, he promotes the asset central to his company’s balance sheet, but his post mentions no specific amounts, dates, or funding sources. Strategy Inc. has also sold Bitcoin this year, with $218.4 million sold to date under its Bitcoin monetization program as of its second-quarter report.
During the same period as Strategy Inc.’s last 250 BTC purchase, the company also spent $192.4 million buying back preferred shares instead of buying more Bitcoin. MARA’s deposit of 1,000 BTC is four times that 250 BTC buy.
Is MARA Selling Bitcoin? What Does It Mean for Prices? Signs suggest MARA may be selling, or preparing to sell, some of its Bitcoin. The coins went to trading platforms, and MARA has said it sells Bitcoin selectively. It also has a power plant deal, AI expansion plans, and rising mining costs to fund. Selling Bitcoin can generate cash without diluting shareholders, but it may weigh slightly on Bitcoin prices since the proceeds go into infrastructure.
MARA’s next update should settle it. If the report shows fewer than 35,577 BTC and mentions any sales, the coins were sold; steady holdings, with more coins lent or pledged, would suggest a collateral move. An 8-K filing showing Strategy Inc. buying more than 1,000 BTC would mean one buyer absorbed the miner’s coins. MARA’s shares could still rise on FERC approval or new leases, even if Bitcoin prices stall.
Contact [email protected] for any questions or corrections.
MARA Holdings (NASDAQ:MARA – Get Free Report) was the recipient of some unusual options trading activity on Thursday. Stock traders purchased 310,828 call options on the company. This represents an increase of 50% compared to the average daily volume of 207,040 call options.
Insider Buying and Selling In related news, CEO Frederick Thiel sold 27,505 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $11.22, for a total value of $308,606.10. Following the transaction, the chief executive officer directly owned 4,217,586 shares of the company’s stock, valued at approximately $47,321,314.92. This trade represents a 0.65% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Salman Khan sold 16,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $9.21, for a total value of $147,360.00. Following the completion of the transaction, the chief financial officer owned 377,066 shares in the company, valued at approximately $3,472,777.86. This trade represents a 4.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 106,891 shares of company stock valued at $1,124,731. Insiders own 0.97% of the company’s stock.
Hedge Funds Weigh In On MARA Hedge funds have recently added to or reduced their stakes in the business. Delta Global Management LP bought a new position in shares of MARA in the 1st quarter worth about $5,064,000. Hsbc Holdings PLC acquired a new stake in shares of MARA during the 4th quarter worth approximately $5,220,000. Compass Rose Asset Management LP acquired a new stake in shares of MARA during the 1st quarter worth approximately $4,243,000. Compass Financial Management LLC bought a new stake in shares of MARA in the 2nd quarter worth approximately $6,000,000. Finally, Edgestream Partners L.P. bought a new stake in shares of MARA in the 1st quarter worth approximately $2,864,000. Institutional investors and hedge funds own 44.53% of the company’s stock.
Analyst Upgrades and Downgrades A number of research firms have recently commented on MARA. Citizens Jmp assumed coverage on shares of MARA in a research report on Wednesday, June 24th. They set a “market outperform” rating and a $24.00 target price on the stock. Piper Sandler lowered their price target on shares of MARA from $16.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, July 17th. Weiss Ratings raised shares of MARA from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, August 21st. HC Wainwright assumed coverage on shares of MARA in a research note on Friday, September 11th. They set a “buy” rating and a $20.00 price target on the stock. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $15.00 price target on shares of MARA in a research note on Friday, August 7th. Eight investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, MARA currently has a consensus rating of “Hold” and an average target price of $19.10. Check Out Our Latest Stock Analysis on MARA
MARA Price Performance NASDAQ:MARA opened at $8.33 on Friday. MARA has a one year low of $6.66 and a one year high of $23.16. The stock has a 50-day simple moving average of $10.94 and a 200 day simple moving average of $11.79. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.15.
MARA (NASDAQ:MARA – Get Free Report) last issued its earnings results on Thursday, August 6th. The business services provider reported ($1.60) EPS for the quarter, missing the consensus estimate of $0.17 by ($1.77). MARA had a negative return on equity of 26.05% and a negative net margin of 429.71%. The firm had revenue of $174.88 million during the quarter, compared to analyst estimates of $209.44 million. During the same quarter in the previous year, the business posted $1.84 EPS. MARA’s revenue was down 26.7% compared to the same quarter last year. Sell-side analysts forecast that MARA will post -1.65 EPS for the current year.
Trending Headlines about MARA Here are the key news stories impacting MARA this week:
Positive Sentiment: Market participation improved: MARA closed 1.28% higher as the broader stock market advanced, suggesting some relief buying in a high-beta cryptocurrency-linked stock. Marathon Digital Holdings Beats Stock Market Upswing Positive Sentiment: Call-option demand increased: Investors purchased approximately 310,828 call options, about 50% above average volume. This points to elevated speculative interest and expectations for a rebound, although options activity can also increase volatility. Neutral Sentiment: Institutional positioning was mixed: Several funds, including D. E. Shaw, Dimensional Fund Advisors and BlackRock, increased their MARA holdings in the second quarter, while Norges Bank and Capital Research exited positions. The conflicting activity offers no clear institutional signal. Negative Sentiment: Bitcoin weakness remains the primary risk: Bitcoin’s decline has pressured miners and crypto-linked equities. MARA also faced concern after roughly $81 million of bitcoin was transferred to Galaxy Digital; although the transfer does not confirm a sale, investors are worried about potential treasury monetization and additional supply. MARA Slides as Bitcoin Weakness Pressures Sentiment Negative Sentiment: Fundamentals and valuation remain challenged: The latest quarter showed a 27% year-over-year revenue decline and a $611.3 million net loss. The stock is also trading below its 50-day and 200-day moving averages, while Morgan Stanley lowered its price target to $10 and retained an Underweight rating. Negative Sentiment: Insider selling adds caution: Executives reported 20 sales and no purchases over the past six months, including sales by the CEO, CFO and general counsel. About MARA (Get Free Report)
MARA Holdings, Inc (NASDAQ: MARA), formerly known as Marathon Digital Holdings, is a digital asset technology company focused primarily on mining bitcoin. The company operates specialized data centers containing application-specific integrated circuit (ASIC) computers that process transactions and secure the Bitcoin network in exchange for bitcoin rewards.
In addition to bitcoin mining, MARA develops and operates digital asset computing infrastructure. Its activities include managing energy and data-center resources, deploying mining hardware, and pursuing technologies designed to improve the efficiency and scalability of digital asset mining.
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Velké bitcoinové peněženky během tří dnů po propadu 7. října nakoupily zhruba 15 000 BTC, zatímco společnost MARA 9. října prodala 996 BTC za přibližně 81 milionů USD.
Bitcoin whales poured over a billion dollars into the market right after a sharp decline, while one of the biggest mining companies quietly cashed out. Their opposing moves point to very different views on where Bitcoin goes from here.
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In the days after the October 7 decline, Bitcoin whales—those with medium and large wallets—bought about 15,000 Bitcoin (CRYPTO:BTC), worth around $1.24 billion at current prices, according to analyst Ali Martinez. In contrast, on October 9, MARA Holdings (NASDAQ:MARA | MARA Price Prediction), one of the largest publicly traded Bitcoin mining companies, sold 996 BTC, valued at about $81 million, during the same period.
As of October 10, Bitcoin is trading at $82,801, down 2.1% over the week and 34.3% below its all-time high of $126,080. This creates a clear dichotomy: one group bought the dip, while a major miner decided to sell. So which perspective is more accurate for Bitcoin’s future, and is MARA truly making a statement about its price?
Bitcoin Whales Bought 15,000 BTC, but the Wallet Data Has Limits
Martinez’s findings indicate that medium and large wallets accumulated about 15,000 BTC, along with adding over 166,000 Ethereum (CRYPTO:ETH) and around 45 million XRP (CRYPTO:XRP) during the same three days, while smaller wallets continued to sell. Based on today’s prices, these purchases amount to about $1.24 billion in Bitcoin, $414 million in Ether at $2,495, and $63 million in XRP at $1.40.
However, wallet data categorizes blockchain addresses by the amount of cryptocurrency they hold without revealing their owners. This means a single individual or company can control multiple wallets, and an exchange moving coins between its accounts can look like a large buyer accumulating coins. Additionally, Martinez did not specify the data provider or clarify the thresholds for categorizing wallets as “medium” or “large,” making it difficult for readers to verify whether exchange wallets were excluded from the analysis.
Nonetheless, the trend is clear: large wallets added coins while smaller wallets shed them during the market drop.
Data also show that spot Bitcoin ETFs experienced a notable shift. Investors withdrew $487 million on October 7 and $244 million on October 8, then saw a modest $21 million inflow on October 9, according to SoSoValue. This small inflow coincided with whales’ buying activity but remains minor compared with the heavier outflows seen earlier.
Why MARA Keeps Selling Bitcoin While Cutting Its Debt
Bitcoin miners run specialized computers to secure the Bitcoin network and earn new coins as a reward. MARA’s October 9 sale of 996 BTC represented 2.8% of its total holdings, which currently stand at 35,303 BTC valued at about $2.92 billion. MARA’s holdings have decreased by 34.4% since it held 53,822 BTC on December 31, 2025.
In the first half of 2026, MARA sold around 23,093 BTC for about $1.63 billion, averaging approximately $70,631 per coin. This total includes selling 20,880 coins for about $1.5 billion in the first quarter and 2,213 coins at an average price of $73,078 in the second quarter. The company has stated its intention to “continue to monetize bitcoin opportunistically to fund operations and capital projects,” using the cash for operating expenses, acquisitions, and debt repayment.
This selling strategy has reduced MARA’s total debt from $3.6 billion to about $2.4 billion, including partial repayment of $912.8 million in convertible notes, a $350 million credit line, and the buyback of nearly $1 billion in 0% convertible notes. Convertible notes are loans that can be converted into shares later, so eliminating them reduces both debt and potential future stock issuance.
Shareholders have welcomed this approach. For instance, on March 26, MARA’s stock surged 10% after a $1.1 billion Bitcoin sale funded a debt buyback, successfully retiring some of the company’s borrowings early. Bitcoin is currently trading about 13.3% above MARA’s average sale price from the second quarter and 17.2% above the first-half average, suggesting a selling strategy tied more to financing schedules than to price predictions.
Are Bitcoin Whales or MARA Right About Bitcoin? It appears that only the whales are making a prediction about Bitcoin’s price. MARA seems more focused on repairing its financial position, and the 996 BTC sale aligns with its debt obligations. While accumulation data from larger wallets suggests a positive move, the unnamed wallets used in the analysis and the single day of fund inflows do not definitively prove the whales’ outlook is correct. The information merely supports a narrower conclusion: larger holders acquired the Bitcoin that smaller holders sold after the October 7 drop.
MARA’s upcoming holdings update could provide more clarity. If the company’s stack shrinks further while total debt stays around $2.4 billion, it would suggest sales are no longer aimed at paying down debt, warranting a reevaluation of whether MARA is making a price prediction. Until more data comes in, MARA’s selling appears to be a strategic move aligned with financial responsibilities, while Bitcoin’s direction will largely depend on continued whale buying and ETF inflows.
Contact [email protected] for any questions or corrections.
Marathon Digital Holdings, Inc. (MARA - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this company have returned -13.1%, compared to the Zacks S&P 500 composite's +1.4% change. During this period, the Zacks Financial - Miscellaneous Services industry, which Marathon Digital falls in, has lost 9.4%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Marathon Digital is expected to post a loss of $0.04 per share for the current quarter, representing a year-over-year change of +87.5%. Over the last 30 days, the Zacks Consensus Estimate has changed -21.2%.
For the current fiscal year, the consensus earnings estimate of -$5.25 points to a change of -42.3% from the prior year. Over the last 30 days, this estimate has changed +36.2%.
For the next fiscal year, the consensus earnings estimate of $1 indicates a change of +81% from what Marathon Digital is expected to report a year ago. Over the past month, the estimate has changed -5.2%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Marathon Digital.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Marathon Digital, the consensus sales estimate for the current quarter of $204.88 million indicates a year-over-year change of -18.8%. For the current and next fiscal years, $795.44 million and $1.07 billion estimates indicate -12.3% and +34.4% changes, respectively.
Last Reported Results and Surprise HistoryMarathon Digital reported revenues of $174.88 million in the last reported quarter, representing a year-over-year change of -26.7%. EPS of -$0.7 for the same period compares with -$0.81 a year ago.
Compared to the Zacks Consensus Estimate of $208.49 million, the reported revenues represent a surprise of -16.12%. The EPS surprise was -25%.
Over the last four quarters, Marathon Digital surpassed consensus EPS estimates times. The company topped consensus revenue estimates just once over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Marathon Digital is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Marathon Digital. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Coinbase klesá o 6 % na 179,70 USD, Strategy o 5 % na 130,32 USD a MARA Holdings o 1 % na 11,36 USD před klíčovým procedurálním hlasováním Senátu o CLARITY Act. Nejistota kolem regulace tlačí dolů i Bitcoin, který za posledních 24 hodin ztrácí 2,5 % na 76 201,40 USD.
A Senate procedural vote with a 60-vote threshold is putting crypto stocks under pressure, and the outcome could reshape the regulatory landscape for Coinbase, Strategy, and MARA Holdings in ways that go far beyond today's sell-off.
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Coinbase Global (NASDAQ:COIN | COIN Price Prediction) stock is falling 6% to $179.70 in Tuesday morning trading as uncertainty builds around a crucial Senate procedural vote on the CLARITY Act. The Senate is scheduled to vote at 2:15 p.m. ET on whether to advance the crypto market-structure legislation, and the bill needs 60 votes to clear that hurdle amid continued political disagreement.
Strategy (NASDAQ:MSTR) stock is sliding 5% to $130.32, while MARA Holdings (NASDAQ:MARA) stock is slipping 1% to $11.36 as Bitcoin (CRYPTO:BTC) is down 2.5% over the past 24 hours to $76,201.40. The iShares Bitcoin Trust ETF (NASDAQ:IBIT) is down 3% to $43.19, while the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.2% to $759.33, suggesting the crypto-linked declines are outpacing the broader market.
The CLARITY Act Faces A Critical Test The CLARITY Act is intended to establish a clearer federal framework for digital assets, potentially reducing uncertainty over how parts of the crypto industry are regulated. However, the legislation’s path remains uncertain because it needs bipartisan support to reach the 60 votes required for the Senate to move forward.
The procedural vote is important for Coinbase because regulatory clarity could help provide a more durable framework for U.S. crypto businesses. Yet, a successful procedural vote wouldn’t mean the legislation has become law, while a failure could leave the industry’s long-running regulatory questions unresolved for longer.
Coinbase Could Benefit From Greater Clarity Coinbase operates one of the largest U.S. cryptocurrency exchanges, making the company particularly exposed to changes in the regulatory environment. A clearer framework could potentially support greater institutional participation and give Coinbase more certainty as it develops products across trading, custody and other crypto services.
The bearish case is that Coinbase stock remains highly sensitive to cryptocurrency prices and trading activity, even if Washington eventually delivers more regulatory clarity. Coinbase stock is falling 6% as Bitcoin declines, showing that a single legislative catalyst may not offset near-term pressure from weaker digital-asset prices.
Strategy And MARA Have Direct Bitcoin Exposure Strategy’s business model has become closely tied to its large Bitcoin holdings, which can make Strategy stock especially sensitive to changes in Bitcoin’s price. Strategy stock is sliding 5% as Bitcoin is down 2.5% over the past 24 hours, illustrating how the company’s equity can experience amplified moves when cryptocurrency prices turn lower.
MARA Holdings has substantial exposure to Bitcoin through its mining operations and Bitcoin holdings, although MARA stock is down a more modest 1%. The iShares Bitcoin Trust ETF offers more direct exposure to Bitcoin, with the ETF down 3% to $43.19 as the cryptocurrency market reacts to both falling prices and regulatory uncertainty.
The Takeaway For Crypto Investors The bullish argument is that progress on the CLARITY Act could eventually provide the U.S. crypto industry with rules that encourage greater participation and reduce some regulatory uncertainty. Coinbase, Strategy and MARA Holdings could all benefit in different ways if Bitcoin recovers and the policy backdrop becomes clearer.
However, today’s price action highlights how quickly crypto-linked stocks can move when Bitcoin weakens or a major policy question remains unsettled. Investors who choose to own Coinbase stock, Strategy stock or MARA stock should consider keeping their share-position sizes moderate, while investors may want to watch for whether the Senate vote advances the CLARITY Act and whether Bitcoin can stabilize after its recent decline.
Contact [email protected] for any questions or corrections.
MARA uvedla, že bitcoinová těžební zařízení mohou být rychlou cestou k růstu datových center pro AI díky dostupné energii, půdě a infrastruktuře. Firma zároveň zvažuje dva nové pronájmy do konce roku.
Strategy’s $1.59B Gamble: Checkmate at $80K?Executives from Bitcoin mining and digital infrastructure companies said access to energized power, land and data-center development capabilities is creating an opportunity to serve growing artificial intelligence infrastructure demand, while also presenting significant construction, financing and regulatory challenges.
Speaking at an H.C. Wainwright panel moderated by Mike Colonnese, the companies described how Bitcoin miners are seeking to repurpose or complement mining operations with AI high-performance computing, colocation and cloud-service deployments. Colonnese said the companies represented on the panel have line of sight to more than 14 gigawatts of power capacity.
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Bitcoin Mining Assets as an AI Infrastructure Advantage CleanSpark Inks a $6.6B AI Lease to Become a Digital LandlordFred Thiel, chairman and CEO of MARA NASDAQ: MARA, said Bitcoin miners historically focused on acquiring low-cost power and deploying computing equipment as efficiently as possible. In contrast, AI data centers require substantially more capital per megawatt but can generate higher revenue and asset values per megawatt.
“Bitcoin miners have a lot of land and power that is turned on,” Thiel said, calling those assets a potentially fast route for hyperscalers, frontier-model providers and neocloud companies seeking to bring AI computing capacity online.
Game On: Wall Street's New Rules and Your MoneyRussell Cann, co-founder and chief development officer of Core Scientific, said the company’s early AI deployments demonstrated the changing technical and cost requirements of the market. He said an air-cooled site was converted in roughly 45 days to support higher-density racks running H100 and H200 graphics processing units. However, direct-liquid-cooled facilities generally required new construction rather than conversion of legacy air-cooled data centers.
Cann said estimated direct-liquid-cooled construction costs increased from about $4.5 million per megawatt in late 2023 to approximately $10 million to $10.5 million per megawatt for sites turned on during the current year. He cited labor, transformers and switchgear as major constraints.
Colocation and Cloud Strategies Panelists described different approaches to monetizing AI infrastructure. Sam Tabar, CEO of WhiteFiber, said the company operates both cloud and colocation businesses, which require separate technical capabilities. WhiteFiber was spun out from Bit Digital as a pure-play AI infrastructure company, he said, in part to broaden financing opportunities and attract institutional shareholders that may not have wanted crypto exposure.
Tabar said WhiteFiber acquired Enovum to add an experienced data-center development team. He cited projects including the conversion of a mattress factory into an AI campus for Cerebras and a North Carolina facility developed for Nscale under an $865 million contract.
Michael Potter, CFO of Bitdeer, said the company is pursuing both colocation and GPU-as-a-service. Bitdeer signed a colocation agreement in Tydal, Norway, for about 121 critical IT megawatts, with tenant Volta providing GPUs for its end customer. Bitdeer is also developing a neocloud business in Malaysia, beginning with a 10-megawatt site that Potter said has two customers.
CleanSpark said it signed a 20-year, triple-net lease valued at $6.6 billion for a 250-megawatt powered site in Sandersville, Georgia. MARA said it expects to sign two leases by year-end and is evaluating both large campuses and smaller inference-focused sites. Core Scientific said it recently announced a roughly 500-megawatt agreement with AMD and granted AMD rights to the next 2,000 megawatts at sites in Texas and Oklahoma. Soluna said it is developing AI campuses alongside wind and solar power facilities, including the 350-megawatt Cotty 2 project and the approximately 300-megawatt Dorothy III project in Texas. Financing, Execution and Power Constraints John Belizaire, CEO of Soluna Holdings, estimated that a theoretical 100-megawatt project could cost $1.2 billion to $1.4 billion, or roughly $10 million to $12 million per megawatt. He said Soluna expects project financing to be principally debt-funded, using an approximately 80% debt and 20% equity structure.
Matt Schultz, chairman and CEO of CleanSpark, said delivery certainty has become a central issue for lenders and tenants. CleanSpark selected an engineering, procurement and construction management provider that manufactures many data-center components in a factory, he said, and entered into a fixed-price, lump-sum turnkey contract. CleanSpark expects its first Georgia data hall to be delivered in December 2027.
Thiel said MARA partnered with Starwood because the company wanted to reduce construction risk and leverage expertise in hyperscale data-center development. He added that contributing sites into project joint ventures could improve cash-on-cash returns and allow multiple projects to advance simultaneously.
Executives Debate AI Infrastructure “Bubble” Concerns Most panelists rejected the idea that demand for AI infrastructure is a bubble, citing demand for both training and inference computing. However, Core Scientific’s Cann distinguished between real demand and speculative power requests.
Cann said roughly 5 gigawatts of rack capacity is being delivered annually against about 15 gigawatts of annual chip demand, but he questioned the validity of all proposed data-center projects. He said Texas had received requests totaling 474 gigawatts, a figure he described as far beyond realistic demand or available supply.
“The issue is not the guys delivering rack space or the guys delivering the chips,” Cann said. “It is every farmer and rancher” near gas or transmission infrastructure claiming potential data-center capacity.
Schultz said political and community considerations are increasingly important, while Tabar said retrofitting existing industrial facilities can reduce opposition associated with greenfield construction. Panelists also said Bitcoin mining remains strategically useful because miners can rapidly deploy load and monetize power before AI data centers are completed.
About MARA (NASDAQ:MARA)MARA Holdings, Inc, formerly known as Marathon Digital Holdings, Inc, is a digital asset technology company focused primarily on mining bitcoin. The company operates and supports computing infrastructure designed to secure the Bitcoin network by processing transactions and earning bitcoin rewards.
MARA develops and deploys large-scale data center and energy infrastructure for digital asset mining. Its activities include operating mining facilities, managing specialized application-specific integrated circuit (ASIC) mining equipment, and pursuing energy and infrastructure solutions intended to support more efficient and scalable computing operations.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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MARA Holdings ve 2. čtvrtletí vykázala tržby ve výši 174,88 milionu USD a upravenou ztrátu 1,60 USD na akcii, obojí pod odhady. Zároveň vytěžila 2 422 Bitcoinů a dál sází na AI infrastrukturu.
Bitcoin (CRYPTO:BTC) mining company MARA Holdings (NASDAQ:MARA) reported second-quarter financial results Thursday after market close.
• MARA Holdings stock is showing downward pressure. What’s ahead for MARA stock?
Here are the key highlights.
MARA Holdings Q2 EarningsMARA Holdings reported second-quarter revenue of $174.88 million, down 27% year-over-year. The revenue total missed a Street estimate of $203.67 million, according to data from Benzinga Pro.
The company reported an adjusted loss of $1.60 per share, missing a Street consensus estimate of a profit of 26 cents per share.
MARA Holdings mined 2,422 Bitcoin in the quarter with no additional Bitcoin purchased.
The company ended the quarter with 35,577 Bitcoin, down 29% year-over-year.
What’s Next for MARA HoldingsThe company’s shareholder letter focused heavily on a transitioned focus on artificial intelligence, with power-ready sites being scarce and the company having infrastructure in place to help power the "next generation of compute."
"This is the business MARA is building," the company said.
MARA Holdings has 19 data centers across four continents.
The company’s portfolio is growing with the recently acquired rights to a 2 GW powered land site in Texas.
"Ultimately, we do not view Bitcoin mining and AI infrastructure as competing businesses. They are complementary applications of the same underlying asset: power."
MARA Holdings said it believes the companies that control power will define the next generation of AI infrastructure.
MARA Stock Price ActionMARA Holdings stock is up 0.4% to $10.70 in after-hours trading Thursday versus a 52-week trading range of $6.66 to $23.45.
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Finanční ředitel MARA Holdings prodal 16 000 akcií v rámci předem připraveného plánu 10b5-1. Firma zároveň uvedla, že výnosy za 1. čtvrtletí klesly o 18 % na 174,6 milionu USD.
Salman Hassan Khan, the chief financial officer of MARA Holdings, Inc. (MARA +4.97%), reported a sale of 16,000 shares of common stock on July 17, 2026, according to a recent SEC Form 4 filing.
Transaction summaryMetricValueShares sold (indirectly held)16,000Transaction value$174,400Post-transaction shares (directly held)1,670,140Post-transaction shares (indirectly held)393,066Post-transaction value$22.06 millionTransaction value based on SEC Form 4 weighted average sale price ($10.90); post-transaction value based on July 17, 2026 market close ($10.69).
Key questionsWhat was the mechanism governing this transaction?
The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on September 11, 2025. This allows insiders to set up a predetermined schedule for selling shares to avoid concerns about trading on non-public information.How does this sale affect Salman Hassan Khan's long-term exposure to the company?
Despite the disposition of 16,000 shares, the CFO maintains a substantial equity position of about 2.1 million total shares. His direct holdings of 1.7 million shares remain unchanged by this transaction.What is the recent performance context for the stock?
As of the transaction date, shares have seen a one-year decline of roughly 35%. The broader company context includes a trailing twelve-month net loss of $2.0 billion.Who are the beneficiaries of the indirect holdings?
The shares sold were held by the S & N Khan Family Trust. The reporting person and his spouse act as trustees, while immediate family members are the sole beneficiaries of this entity.Company OverviewMetricValueShare Price (as of market close 2026-07-17)$12.25Market Capitalization$4.7 billionRevenue (TTM)$867.8 millionNet Income (TTM)-$2.0 billionCompany SnapshotMARA Holdings operates as a digital asset technology company focused on Bitcoin mining, generating revenue through the ownership and operation of Bitcoin mining facilities, the sale of proprietary software and technology to third-party Bitcoin ecosystem operators, and the provision of advisory and consulting services to support Bitcoin mining ventures across domestic and international jurisdictions.The company's business model centers on deploying capital-intensive mining infrastructure powered by renewable energy resources, leveraging technological innovation to optimize mining operations, and monetizing intellectual property and expertise through software licensing and strategic advisory services.MARA Holdings serves institutional investors, cryptocurrency ecosystem participants, and energy companies seeking exposure to Bitcoin mining, targeting both domestic and international markets with a focus on sustainable, technology-enabled mining operations.MARA Holdings, Inc. is a substantial participant in the Bitcoin mining sector, positioning it as a significant infrastructure provider within the digital asset ecosystem. The company differentiates itself through its integration of renewable energy resources, proprietary mining technology, and advisory capabilities, enabling it to serve as both an operational mining enterprise and a technology solutions provider to the broader Bitcoin mining industry. Despite current profitability challenges reflected in a TTM net loss of $2.0 billion, the company maintains a strategic focus on long-term value creation within the evolving cryptocurrency infrastructure landscape.
What this transaction means for investorsThe shares were sold through the S & N Khan Family Trust, not his personal holdings, and trust assets can be managed for estate and family purposes on timelines that have nothing to do with where a stock trades day to day, or month to month. Plus, the plan behind it was set last September, and his combined position still runs to roughly 2.1 million shares.
As finance chief, Khan has been steering the company through a real pivot. First-quarter revenue fell 18% to $174.6 million, which he attributed on the latest earnings call to "an 18% decrease in Bitcoin's average price." However, MARA is now pushing into artificial intelligence and high-performance computing, buying French data center operator Exaion for $168 million in cash up front and cutting about 15% of its workforce at a cost of $45.9 million. It refinanced its credit line down to 7% from 10.5%, with $513.7 million in cash on hand. Long-term, the ongoing pivot will be a determinantfactor. Mining revenue rises and falls with Bitcoin, but data center contracts don't, and whether MARA can build a second business is the open question.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
CEO společnosti MARA Frederick G. Thiel prodal 27 505 akcií za 300 000 USD v rámci předem připraveného plánu. Zůstává mu 4 471 403 akcií v hodnotě 47,8 milionu USD.
Frederick G. Thiel, the chief executive officer of MARA Holdings, Inc. (MARA +4.97%), reported a sale of 27,505 shares of common stock on July 17, 2026, according to an SEC Form 4 filing.
Transaction summaryMetricValueTransaction value$300,000Shares sold27,505Post-transaction shares (directly held)4,471,403Post-transaction value$47.8 millionTransaction value based on SEC Form 4 weighted average sale price ($10.90); post-transaction value based on July 17, 2026 market close ($10.69).
Key questionsWhat was the structural context of this transaction?
The sale was executed under a Rule 10b5-1 trading plan established on May 28, 2025, a mechanism that allows corporate insiders to schedule trades in advance to mitigate potential concerns regarding non-public information.How does this impact the CEO's total equity position?
Frederick G. Thiel continues to hold a substantial direct interest in the company, with the current disposition reducing his direct holdings by less than 1% to a total of 4,471,403 shares.What is the current valuation of the remaining holdings?
Using the July 17, 2026, market close price of $10.69, the executive's remaining direct equity position is valued at $47.8 million.What is the recent performance of the equity?
Shares of the digital asset technology company have experienced a one-year decline of about 35%.Company OverviewMetricValueShare Price (as of market close 2026-07-17)$12.25Market Capitalization$4.7 billionRevenue (TTM)$867.8 millionNet Income (TTM)-$2.0 billionCompany SnapshotMARA Holdings operates as a digital asset technology company focused on Bitcoin mining, generating revenue through the ownership and operation of Bitcoin mining facilities and data centers, the sale of proprietary software and technology to third parties within the Bitcoin ecosystem, and the provision of advisory and consulting services to support Bitcoin mining ventures across domestic and international jurisdictions.The company's business model centers on leveraging proprietary mining infrastructure and technology to extract Bitcoin while optimizing operational efficiency through renewable energy generation and resource management.MARA's primary customers include institutional and retail investors seeking Bitcoin exposure, third-party Bitcoin mining operators requiring technology solutions and consulting services, and enterprises evaluating Bitcoin mining ventures in various jurisdictions.MARA Holdings, Inc. operates as a significant participant in the digital asset and cryptocurrency mining sector. The company maintains a focused strategy on Bitcoin ecosystem development, combining mining operations with technology licensing and advisory services to capture value across multiple segments of the Bitcoin infrastructure market. Despite current net losses, MARA's diversified revenue streams and proprietary technology position it as a vertically integrated player in the evolving digital asset infrastructure landscape.
What this transaction means for investorsThe plan governing this sale dates to May 2025, roughly fourteen months before it executed, with MARA trading at slightly higher levels then, at around $14 to $16, effectively meaning shares haven’t delivered consistent gains since. With this sale, he collected about $300,000 while holding onto 4,471,403 shares worth $47.8 million, so less than 1% of his position moved. That’s a scale that says he remains tied to the outcome far more than any single sale suggests.
That outcome now hinges on Bitcoin's price more than mining itself. First-quarter revenue fell 18% to $174.6 million as the cryptocurrency’s average price dropped, and the company posted a $1.26 billion net loss. CFO Salman Khan attributed roughly $1 billion of it to "the unrealized mark-to-market fair value adjustment for digital assets." MARA also sold about $1.5 billion of Bitcoin during the quarter, using proceeds to retire roughly $1 billion in convertible notes, a sharp break from its old refusal to sell. That’s what long-term investors should be mindful of. MARA's reported results can swing on Bitcoin's quarterly price move, which makes the shares effectively a bet on the asset rather than on the mining business underneath.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
MARA uzavřela dohodu o koupi energeticky napájeného pozemku v Texasu s přístupem až k výkonu 2 GW. Po plném zprovoznění má kapacita MARA vzrůst na zhruba 4,8 GW.
Expands MARA's digital infrastructure platform with access to approximately 2 GW of power capacity
HIF to retain minority ownership in the project
Thousands of jobs expected for Texas
MIAMI, FL and HOUSTON, TX, July 09, 2026 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) (“MARA”), a leading energy and digital infrastructure company, and HIF USA LLC (“HIF”), a leading energy and sustainable fuels company, today announced that they have entered into a definitive agreement under which MARA will acquire from HIF a large-scale powered land site in Matagorda County, Texas, approximately 90 miles southwest of Houston. HIF will continue its advanced fuels development plans on other sites.
The site encompasses more than 1,200 acres and is expected to provide access to up to an initial 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028. The site is well positioned to support next-generation, efficient digital infrastructure development, and has already received interest from potential High-Performance Computing (“HPC”) tenants. MARA intends to develop the site through its previously announced partnership with Starwood Digital Ventures as a large-scale digital infrastructure campus capable of supporting high-performance computing workloads, as well as flexible compute operations, including Bitcoin mining. Upon execution of a lease with an HPC tenant, HIF will retain a minority ownership interest in the project.
The transaction enables HIF to unlock value from infrastructure assets while maintaining participation in the site’s future development and supporting its broader advanced fuels strategy.
Upon full energization, the site is expected to more than double MARA's potential power capacity to approximately 4.8 GW across its portfolio (including the anticipated close of MARA’s previously announced agreement to acquire Long Ridge Energy & Power), further strengthening MARA's position as a developer and operator of large-scale digital infrastructure.
“This transaction advances our strategy of securing strategically located infrastructure assets capable of supporting high-performance compute and bitcoin workloads,” said Fred Thiel, MARA's chairman and CEO. “As demand for digital infrastructure continues to grow, we believe sites with access to reliable, scalable power will become increasingly valuable. This acquisition meaningfully expands our long-term development pipeline and strengthens our ability to support high-performance compute and maximize the value of that power over time. We look forward to working with our partners at the site to deliver on the project buildout and drive long-term value for all our stakeholders.”
Renato Pereira, CEO of HIF USA, said, “We are pleased to welcome MARA to our long-term partnership with Matagorda County, accelerating our commitment to economic investment and jobs for Texans. The development of this digital infrastructure serves as a powerful economic anchor to strengthen Matagorda County and create local career opportunities for a prosperous future. We have given Notice to Proceed for construction on the switchyard to connect the site to the grid. We continue work on our advanced fuels facilities on other sites we control in Texas and worldwide to provide new sources of secure energy supply to meet rapidly growing global demand.”
Site Development Details
Phased construction of the digital infrastructure campus is expected to begin in 2026, contingent upon regulatory approvals.
By combining MARA's expertise in securing and managing large-scale power loads, Starwood Digital Ventures' world-class experience developing and operating data centers, and HIF's history in Matagorda, MARA believes the site is well positioned to support future digital infrastructure opportunities and create long-term value for customers, local communities, and shareholders.
MARA has a proven track record of investing in the communities where it operates while supporting grid reliability and local economic growth. To date, MARA has invested more than $1.2 billion in Texas. MARA intends to continue investing significantly to develop a premier digital infrastructure campus that is expected to support thousands of construction and permanent full-time jobs upon completion.
About MARA
MARA (NASDAQ: MARA) deploys digital energy technologies to advance the world’s energy systems. Harnessing the power of compute, MARA transforms excess energy into digital capital, balancing the grid and accelerating the deployment of critical infrastructure. Building on its expertise to redefine the future of energy, MARA develops technologies that reduce the energy demands of high-performance computing applications, from AI to the edge.
About HIF Global
HIF Global is a world leading e-Fuels company developing large scale infrastructure projects to recycle captured CO₂ and produce synthetic fuels for existing engines. The name HIF reflects the company’s mission: to produce Highly Innovative Fuels that contribute to global energy security. HIF already produces e-Fuels at its HIF Haru Oni facility in southern Chile and is developing large scale projects in the United States, Uruguay, Brazil, Australia, and Chile. For more information, visit www.hifglobal.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words “may,” “will,” “could,” “anticipate,” “expect,” “intend,” “believe,” “continue,” “target” and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such forward-looking statements include, among other things, statements related to the occurrence of any event, change or other circumstance that could give rise to the exercise of any return or forfeiture right under, the purchase agreement entered into in connection with MARA’s acquisition of the site; MARA’s planned development of the site as a digital infrastructure campus; the expected power capacity (including as a result of the agreement to acquire Long Ridge Energy & Power), scalability and performance of the site; the anticipated ability to commercialize the site’s power capacity for high-performance compute and bitcoin workloads; the number of construction and other jobs anticipated to be created; and the anticipated benefits of the transaction to MARA. Such forward-looking statements are based on management’s current expectations about future events as of the date hereof and involve many risks and uncertainties that could cause MARA’s actual results to differ materially from those expressed or implied in these forward-looking statements. Subsequent events and developments, including actual results or changes in MARA’s assumptions, may cause MARA’s views to change. Readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements included herein are expressly qualified in their entirety by these cautionary statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including uncertainties related to market conditions, the risk that the transaction disrupts MARA’s current plans and operations or diverts management’s attention from its ongoing business, the effect of the announcement of the transaction on the ability of MARA to retain and hire key personnel and maintain relationships with others with whom it does business, the effect of the announcement of the transaction on MARA’s operating results and business generally and the other factors discussed in the “Risk Factors” section of MARA’s most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) and the risks described in other filings that MARA may make from time to time with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and MARA specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by applicable law.
MARA Company Contact:
Telephone: 800-804-1690
Email: [email protected]
