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MARA Holdings, Inc. (MARA)

Financial Services Out of favour

MARA Holdings is a digital asset technology company primarily focused on mining Bitcoin and managing a large portfolio of the cryptocurrency.

$11.32

Is MARA Holdings, Inc. a good stock for a UK beginner?

The honest version: MARA Holdings is a digital asset technology company primarily focused on mining Bitcoin and managing a large portfolio of the cryptocurrency.

No rating · no target price · nothing for sale here
Price-37.6%
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-37% past year
$11.32
Low $6.66High $23.45
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into MARA Holdings, Inc.
$624-38%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$4.32B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
44.95M
Day range: The lowest and highest price the shares traded at during the latest day.
$11.07 – $12.07
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$6.66 – $23.45
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
5.37
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 5.37
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +1% past week · ▼ -37% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Widespread institutional adoption of Bitcoin and sustained price growth.

The bear case

Regulatory crackdowns or a permanent decline in Bitcoin's relevance.

What does MARA Holdings, Inc. do?

MARA operates massive data centres filled with specialised computers that solve complex puzzles to earn Bitcoin. Two streams feed the till: selling the Bitcoin it mines, and hosting services offered to other miners. The single figure that dominates here is the price of Bitcoin, as the company's fortunes are tied almost entirely to the value of the digital assets they hold and produce.

VQGMI
Factor profile

On our factor screen it looks strongest on value and momentum, and weakest on growth.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 79Quality: How profitable and financially healthy the company is (higher = stronger). 22Growth: How fast revenue and earnings are growing (higher = faster). 1Momentum: How the share price has been trending recently (higher = stronger recent run). 29Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • Value screens high (79/100)
  • Direct exposure to the Bitcoin market
  • Large-scale mining infrastructure
  • Significant holdings of digital assets
What to watch
  • Quality screens low (22/100)
  • Growth screens low (1/100)
  • Momentum screens low (29/100)
  • Income screens low (16/100)
  • Heavy reliance on the unpredictable price of Bitcoin

What do MARA Holdings, Inc.'s numbers mean?

P/S
5.4
This shows how much investors are paying for every pound of revenue the company brings in, with a higher number suggesting higher expectations for future growth.
Net margin
-234.8%
This indicates that for every pound of revenue, the company is currently spending significantly more on costs, resulting in a net loss.
Beta
5.4
This measures how much the share price swings compared to the wider market; a number this high means the price is extremely volatile.
Revenue growth
-18.4%
This shows that the company's total income has shrunk compared to the same period last year.

How much money does MARA Holdings, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$202.06M$404.12M$606.18M$808.24MQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
45.3%
Net margin
-234.8%
Return on equity
-67.3%

Does MARA Holdings, Inc. pay a dividend?

No - MARA Holdings, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

More in Financial Services

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What are the scenarios for MARA Holdings, Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$23$11$6today · $11▲ Bull · $14• Base · $11▼ Bear · $8in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+15% to +30%A sharp, sudden rally in the price of Bitcoin.
Base
-5% to +5%Bitcoin price remains steady with no major operational changes.
Bear
-20% to -40%A significant drop in Bitcoin value or increased mining difficulty.

What are the pros and cons of MARA Holdings, Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Direct exposure to the Bitcoin market
  • Large-scale mining infrastructure
  • Significant holdings of digital assets
The catch3
  • Extremely high share price volatility
  • Currently operating at a significant net loss
  • Revenue is currently in decline
Key risks3
  • Heavy reliance on the unpredictable price of Bitcoin
  • High energy costs required for mining operations
  • Potential for future regulatory changes affecting crypto
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: low · data: USD · flags: pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.