MARA Holdings, Inc. (MARA)
MARA Holdings is a digital asset technology company primarily focused on mining Bitcoin and managing a large portfolio of the cryptocurrency.
Is MARA Holdings, Inc. a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Direct exposure to the Bitcoin market. Worth weighing: Extremely high share price volatility.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
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.
On our factor screen it looks strongest on value and momentum, and weakest on growth.
- !Pays no dividend - the whole return rides on the share price
- !Revenue slipped about 27% over the year
- Value screens high
- Quality screens low
- Growth screens low
- Momentum screens low
- Income screens low
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.
What do MARA Holdings, Inc.'s numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
Over about 2 years to 2026-09-11. 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.
How much has MARA Holdings, Inc. actually fallen?
Over the last 2 years of daily prices, MARA Holdings, Inc. fell as much as −75% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Who owns MARA Holdings, Inc.?
About 71% of MARA Holdings, Inc., or about 71 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 1%. The rest, roughly 28%, is held by the public and smaller investors.
What this does and doesn't tell you
This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.
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.
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.
How much money does MARA Holdings, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
When does MARA Holdings, Inc. report earnings, and how did recent quarters go?
MARA Holdings, Inc. is next scheduled to report on about 2026-11-04 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-08-05 | $-0.43 | $-0.62 | Missed -43% |
| 2026-05-11 | $-0.85 | $-0.63 | Beat +26% |
| 2026-02-26 | $-0.02 | $-0.77 | Missed -2986% |
| 2025-11-04 | $0.35 | $0.37 | Beat +6% |
| 2025-07-29 | $-0.28 | $1.94 | Beat +806% |
| 2025-05-08 | $0.72 | $-1.58 | Missed -320% |
Across the last 6 quarters here, MARA Holdings, Inc. came in ahead of what analysts expected 3 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for MARA Holdings, Inc.?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Widespread institutional adoption of Bitcoin and sustained price growth.
Regulatory crackdowns or a permanent decline in Bitcoin's relevance.
What are the pros and cons of MARA Holdings, Inc.?
A balance check, not a score or verdict.
- Direct exposure to the Bitcoin market
- Large-scale mining infrastructure
- Significant holdings of digital assets
- Extremely high share price volatility
- Currently operating at a significant net loss
- Revenue is currently in decline
- Heavy reliance on the unpredictable price of Bitcoin
- High energy costs required for mining operations
- Potential for future regulatory changes affecting crypto
The write-up's own warning lights — if these start happening, the case above changes.
- A sustained period of profitability
- A decoupling of the share price from Bitcoin's value
Common questions about MARA Holdings, Inc.
Does MARA Holdings, Inc. pay a dividend?
No - MARA Holdings, Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.
When does MARA Holdings, Inc. report earnings next?
MARA Holdings, Inc. is next scheduled to report results on about 2026-11-04. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
More in Financial Services
Coinbase Global, Inc.
The City Of London Investment Trust Plc
RIT Capital Partners Plc
International Public Partnerships Limited
The Bankers Investment Trust Plc
Gresham House Energy Storage Fund Plc
Monks Investment Trust Public Limited Company(the)
GCP Infrastructure Investments LimitedBuilt 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 2026-08-02 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.