Marathon Digital Holdings

MARA

Market cap $3.38B

Bitcoin ($BTC) has long been pitched to investors as digital gold, a decentralized hedge against government policy and inflation. However, the last few weeks have tested that narrative.

Mara and Starwood are joining forces to build AI data centers. The deal comes at a time when Mara's Bitcoin-related losses are mounting.

MARA Holdings, Inc. (NASDAQ: MARA) shares are trading higher Friday after the company reported fourth-quarter financial results on Thursday after the market closed. The company also announced a collaboration with Starwood Capital Group to convert select MARA sites into digital infrastructure sites.

Marathon Digital (MARA) remains highly leveraged to bitcoin's price, lacking long-term HPC leasing deals that have stabilized peers' revenues. MARA's acquisition of Exaion, as well as their partnership with Starwood, signals a shift toward building its own HPC cloud offerings, aiming for higher upside but increased execution risk. Access to low-cost energy is a strategic focus for MARA, potentially supporting margins as it competes with aggressive HPC players like CoreWeave and Nebius.

MARA Holdings, Inc. (MARA) Q4 2025 Earnings Call Transcript

Marathon Digital Holdings, Inc. (MARA) came out with a quarterly loss of $0.46 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to earnings of $1.24 per share a year ago.

Miami, FL, Feb. 26, 2026 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA ) ("MARA" or the "Company"), a leading energy and digital infrastructure company, today announced its preliminary, unaudited fourth quarter and fiscal year 2025 financial results in a letter to shareholders.

MARA stock has significantly lagged behind its competitors in the past year. As of 2/25/2026, how does its substantial revenue and low P/E truly compare to its rivals in the fluctuating crypto mining industry?

MARA Holdings' Q4 revenues are projected to surge 4% as its efficient Bitcoin mining and asset retention strategy drive steady growth.

Earnings Webcast and Conference Call Set for Thursday, February 26, 2026 at 5:00 p.m. ET Miami, FL, Feb. 20, 2026 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA ) ("MARA" or the "Company"), a leading digital energy and infrastructure company, will hold a webcast and conference call on Thursday, February 26, 2026 at 5:00 p.m.