MARA Holdings Inc Stock Price, News & Analysis

LG Electronics has announced a strategic collaboration between its NOVA-backed venture PADO AI Orchestration and MARA to develop advanced power load balancing solutions for data centers. The partnership aims to address the growing energy demands of AI-driven data centers through PADO's AI/ML-powered energy orchestration platform combined with MARA's data center infrastructure and technology platform.

The collaboration focuses on enabling power demand flexibility and efficient load management for hyperscale data centers. PADO's platform will utilize AI to orchestrate power, grid services, and distributed energy resources, while MARA will provide flexible power supply and on-demand computing capabilities to third-party data centers. This initiative aims to optimize power delivery, improve operational efficiency, and facilitate the deployment of new data centers while reducing energy footprint.

MARA Holdings (NASDAQ: MARA) has reported strong financial results for Q1 2025. The company, which specializes in digital energy and infrastructure with a focus on bitcoin mining, achieved significant growth with revenues increasing 30% year-over-year to $214 million. A notable highlight was the substantial growth in Bitcoin holdings, which surged 174% year-over-year to 47,531 BTC from 17,320 BTC at the end of Q1 2024.

MARA Holdings (NASDAQ: MARA) has announced its upcoming first quarter 2025 financial results conference call, scheduled for Thursday, May 8, 2025, at 5:00 p.m. ET. The company will publish financial results for the quarter ended March 31, 2025, in a shareholder letter before the call on their investor relations website.

Shareholders can participate in a Q&A session by submitting and upvoting questions through a dedicated platform that will be open from April 30 at 9:00 a.m. ET to May 7 at 9:00 a.m. ET. Selected questions will be addressed by management during the earnings call.

MARA Holdings reported strong Bitcoin mining performance for March 2025, with 242 blocks won, marking a 17% increase from February. The company produced 829 BTC during the month, averaging 26.8 BTC per day, up 6% month-over-month.

The company's energized hashrate grew 1% to 54.3 EH/s, and total BTC holdings reached 47,531 BTC. MARA's self-operated mining pool, MARAPool, demonstrated superior performance with a luck factor exceeding the network average by over 10% since launch.

The company captured 5.8% of available miner rewards, with transaction fees representing 1.3% of total rewards. MARA expects to complete construction of its 40-megawatt data center in Ohio by the end of April 2025.

MARA Holdings (NASDAQ: MARA) has released its February 2025 Bitcoin mining updates, reporting a 4% month-over-month increase in daily BTC production. The company won 206 blocks during the month, marking a 6% decrease from January due to higher network difficulty and fewer operational days.

The company's BTC holdings grew to 46,374 BTC, with MARA choosing not to sell any Bitcoin in February. The firm is nearing completion of a 40-megawatt data center in Ohio, where it plans to install over ten thousand S21 Pro immersion miners.

CEO Fred Thiel outlined MARA's strategic evolution from an asset-light model to a vertically integrated energy and infrastructure company in 2024. The company is expanding into energy generation while maintaining its focus on Bitcoin mining dominance. MARA is also investing in research and development for AI and adjacent markets, aiming to create additional revenue streams. The company expects cost reductions through site ownership and self-generated power.

MARA Holdings (NASDAQ: MARA) released its Q4 and full-year 2024 financial results, reporting record-breaking performance across multiple metrics. The company achieved record-high Revenue, Net Income, and Adjusted EBITDA for both Q4 and full-year 2024.

Key operational highlights include a direct energy cost of $28.8K per bitcoin from owned sites in 2024, and a notable BTC yield per share of 62.9% for the year. The company, which focuses on digital asset compute to support energy transformation, will discuss these results in detail during their earnings webcast scheduled for February 26, 2025, at 5:00 p.m. Eastern Time.

MARA Holdings has completed its acquisition of a wind farm in Hansford County, Texas, featuring 240 megawatts of interconnection capacity and 114 megawatts of nameplate wind capacity. The company plans to utilize last-generation ASIC mining hardware at the site, extending the life of equipment that would have otherwise been written off.

The acquisition aligns with MARA's strategic transition from an asset-light to an asset-heavy business model. With this addition, MARA now owns and operates 136 megawatts of generating capacity. The company aims to achieve near net-zero operating costs by leveraging renewable resources that would have otherwise been curtailed, while reducing bitcoin production costs through vertical integration.

MARA Holdings (NASDAQ: MARA) has scheduled its Fourth Quarter and Fiscal Year 2024 financial results conference call for Wednesday, February 26, 2025, at 5:00 p.m. ET. The company will publish a shareholder letter containing financial results prior to the call, which will be available on their investor relations website.

Shareholders can participate by registering for the conference call and audio webcast. The company is implementing a Q&A platform where verified retail and institutional shareholders can submit and upvote questions between February 19 at 9:00 a.m. ET and February 25 at 9:00 a.m. ET. Selected questions will be addressed by management during the earnings call.