MARA — MARA Holdings, Inc. - Common Stock
Session close: $7.66. Regular-session share volume: 45,564,509. Change from previous close: +4.36%.
Key developments
MARA Holdings sold a large Bitcoin position to repay all Bitcoin-backed loans, removing crypto collateral from its financing structure, and the board authorized a new share repurchase program after a recent revenue decline. Third-quarter revenue fell sharply year over year, though net income swung positive on a large fair-value gain on its Bitcoin holdings.
Company news MARA Holdings (MARA) Turned $1.1 Billion In Bitcoin Into Debt Relief And Buybacks · Company news MARA Holdings Buyback Boosts Shares: What Investors Need to Know
Management is repositioning around owned power capacity and a push into high-performance computing and AI data centers, with the Long Ridge Energy acquisition approved and expected to close within weeks. Analysts remain split: Rosenblatt kept Buy but cut its target, while Needham and Guggenheim stayed neutral, with Guggenheim calling the AI leasing thesis unproven and noting the year-end lease target could slip.
Company news MARA Rises Despite Q3 Miss as Analysts Focus on First HPC Lease · Company news Rosenblatt Securities Adjusts MARA Holdings Price Target
News sources
Company news JP Morgan Maintains Underweight on MARA Holdings, Lowers Price Target to $9 · Company news MARA Holdings (MARA) Turned $1.1 Billion In Bitcoin Into Debt Relief And Buybacks · Company news Rosenblatt Securities Adjusts MARA Holdings Price Target · Company news MARA Holdings Stocks Jump 10.77% on $500 Million Buyback and Debt Paydown · Company news Sen. Warren targets Trump family crypto firms, and miner MARA sold BTC for $1.1 B · Company news MARA Holdings Buyback Boosts Shares: What Investors Need to Know · Company news MARA Rises Despite Q3 Miss as Analysts Focus on First HPC Lease