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. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.
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.
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. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.
Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.
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.
Widespread institutional adoption of Bitcoin and sustained price growth.
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.
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 18% over the year
- Value screens high (79/100)
- Direct exposure to the Bitcoin market
- Large-scale mining infrastructure
- Significant holdings of digital assets
- Quality screens low (22/100)
- Growth screens low (1/100)
- Momentum screens low (30/100)
- Income screens low (16/100)
- Heavy reliance on the unpredictable price of Bitcoin
What do MARA Holdings, Inc.'s numbers mean?
How much money does MARA Holdings, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
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.
When does MARA Holdings, Inc. report earnings, and how did recent quarters go?
MARA Holdings, Inc. is next scheduled to report on about 2026-08-06 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| 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 |
|---|---|---|---|
| 2026-05-11 | $-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% |
| 2025-02-26 | $-0.08 | $1.27 | Beat +1692% |
Across the last 6 quarters here, MARA Holdings, Inc. came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
More in Financial Services
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.
What are the pros and cons of MARA Holdings, Inc.?
How many points the write-up makes each way — 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
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 2026-08-02 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.