Welcome to our dedicated page for MARA Holdings SEC filings (Ticker: MARA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
MARA Holdings, Inc. filings document material-event disclosures for a digital energy and compute infrastructure company with bitcoin mining operations, digital asset holdings, and data center assets. Form 8-K reports include shareholder letters, operating and financial results, earnings-call materials, and material agreements involving the company’s data center portfolio.
Proxy materials disclose board and shareholder voting matters, executive compensation, equity awards, and governance under MARA’s Amended and Restated 2018 Equity Incentive Plan. The filing record also covers capital-structure disclosures, compensatory arrangements, and governance matters tied to compute infrastructure, power arrangements, and public-company reporting.
MARA Holdings, Inc. Chief Executive Officer Frederick G. Thiel reported a routine tax-related share disposition. On the vesting of restricted stock units, 36,230 shares of common stock were withheld at $8.16 per share to cover his tax liability. This was not an open-market sale and did not involve a discretionary trade. Following the withholding, he directly holds 4,752,724 shares of common stock.
MARA Holdings, Inc. reported a routine tax-related share disposition by its General Counsel, Nowaid Zabi
MARA Holdings Inc filing: amendment to Schedule 13G/A reporting a reorganization of The Vanguard Group's internal reporting that results in 0 shares beneficially owned and 0% ownership reported for The Vanguard Group in this filing.
The filing states that, following an internal realignment effective January 12, 2026, certain Vanguard subsidiaries and business divisions will report beneficial ownership separately. The disclosure is administrative and documents that The Vanguard Group no longer reports beneficial ownership for the shares held by those subsidiaries.
MARA Holdings, Inc. plans a major balance sheet move by privately repurchasing part of its zero-coupon convertible notes. It agreed to buy back approximately $367.5 million principal of 2030 Notes for about $322.9 million in cash and $633.4 million principal of 2031 Notes for about $589.9 million.
The company sold 15,133 bitcoin between March 4 and March 25, 2026 for around $1.1 billion and expects to use these proceeds to fund the repurchases, with remaining cash for general corporate purposes. As of December 31, 2025, total convertible note principal would fall from $3,298,077,000 to $2,297,201,000 after the transactions, significantly reducing outstanding convertible debt if the closings occur as expected on March 30 and 31, 2026.
MARA Holdings, Inc. Chief Executive Officer Frederick G. Thiel sold 27,505 shares of common stock on March 17, 2026 in an open-market transaction at an average price of $9.18 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan, and Thiel now directly holds 4,788,954 shares.
MARA Holdings, Inc. Chief Financial Officer Salman Hassan Khan reported an open-market sale of 16,000 shares of common stock at $9.18 per share. The sale was executed by the S & N Khan Family Trust under a pre-arranged Rule 10b5-1 trading plan adopted on September 11, 2025. Following this transaction, Khan’s indirect holdings through the trust were 343,165 shares, and his direct holdings were 1,951,284 shares of common stock.
MARA: The Thiel Living Trust reported multiple sales of Common stock. The trust sold 27,505 shares on 12/17/2025 for $296,228.85, 27,505 shares on 01/20/2026 for $297,054.00, and 27,505 shares on 02/17/2026 for $210,688.30.
The record also shows a Restricted Stock Vesting event of 27,505 shares on 01/31/2024 labeled as Compensation. A brokerage line lists 27,505 and $252,495.90 with a 03/17/2026 entry; the excerpt ties these figures to security and broker information.
MARA: S&N Khan Family Trust reports a Rule 144 sale of 16,000 shares of Common Stock. The filing lists a sale dated 02/17/2026 showing $122,560 as the aggregate amount realized. The excerpt also lists restricted stock vesting of 13,996 shares on 01/31/2025 and 2,004 shares on 02/28/2025 recorded as compensation.
MARA Holdings, Inc. details in its annual report how it has evolved into an energy and digital infrastructure company, with Bitcoin mining remaining its foundation. The company now operates across four continents and 18 data centers with approximately 1.9 gigawatts of total capacity.
As of December 31, 2025, MARA ran about 490,000 mining rigs with 66.4 exahashes per second of energized hashrate and mined 8,799 bitcoin during the year. It held 53,822 bitcoin valued at approximately $4.7 billion at a spot price of $87,498, and earned about $32.1 million of interest income by activating 15,315 bitcoin through lending and related strategies.
The company is reallocating part of its power and data center footprint to artificial intelligence and high-performance computing, including acquiring a majority stake in Exaion and signing a Strategic Agreement with Starwood Digital Ventures to jointly develop more than 1 GW of initial AI and HPC capacity. Management highlights significant risks around bitcoin price volatility, regulation, liquidity, leverage, digital asset lending and cybersecurity.
MARA Holdings reported a sharp swing to loss in Q4 2025 while outlining a major shift toward AI and high-performance computing. Quarterly revenue slipped 6% to $202.3 million, but full-year revenue rose 38% to $907.1 million as bitcoin prices were higher on average.
Net loss reached $1.7 billion in Q4 2025 versus $528.3 million of net income a year earlier, and full-year loss was $1.3 billion versus $541.0 million of income. Results were heavily impacted by a $1.5 billion negative change in the fair value of digital assets, plus much higher depreciation and amortization.
The company ended 2025 with 66.4 EH/s of energized hashrate and 53,822 bitcoin worth about $4.7 billion, along with $547.1 million of cash, giving roughly $5.3 billion in liquid assets. MARA detailed a strategic joint venture with Starwood Digital Ventures targeting more than 1 GW of AI and hyperscale data center capacity, a 64% stake in Exaion to expand AI/HPC capabilities, and acquisitions including a 42 MW Nebraska data center, while beginning to sell bitcoin and pausing its at-the-market equity program in Q4.