MARA Holdings, Inc. (MARA)

MARA's stock price has been influenced by insider selling, strategic investments, capital raising, earnings reports, and market volatility. In October 2025, the CFO and CEO sold shares. In August 2025, MARA invested in Exaion, leading to upgrades from JPMorgan and Cantor Fitzgerald. In July 2025, MARA secured $950 million through a senior notes offering, but the announcement led to a stock value drop. Recent earnings reports showed mixed results, with Q2 2025 revenue surpassing estimates. The stock has experienced significant volatility, and the Bitcoin halving in April 2024 impacted revenue drivers.

Specific information regarding the demand seasonality for MARA Holdings, Inc.'s direct products and services is not readily available. However, the company's primary business, Bitcoin mining, is influenced by broader cryptocurrency market trends. Bitcoin itself has shown historical "seasonality," with "Uptober" (October) often being a period of seasonal strength after halvings, leading to explosive rallies. This general Bitcoin seasonality could indirectly impact MARA's revenue and profitability.

MARA Holdings, Inc. is a digital asset technology company focused on Bitcoin mining and blockchain infrastructure. Headquartered in Fort Lauderdale, Florida, it operates in the Digital Asset Compute industry. MARA produces Bitcoin through large-scale mining operations and provides technology solutions for data center optimization. The company is expanding its portfolio to include other cryptocurrencies and energy solutions. As of August 2025, MARA is one of the largest publicly traded Bitcoin and Kaspa miners and the second-largest corporate holder of Bitcoin.

MARA Holdings, Inc. has a significant global presence, operating across the United States and Europe, with 16 data centers spanning four continents. The company has actively expanded its energy infrastructure within the U.S., acquiring seven sites in 2024 with a total of 1.2 GW of nameplate capacity. A future Texas wind farm data center is also part of its growth strategy.

MARA Holdings has faced challenges to its brand reputation due to legal liabilities, regulatory scrutiny, and its history as a "patent troll." A federal jury found Marathon liable for $138 million for breaching an agreement. The company disclosed unresolved comments from the SEC and a material weakness in its internal controls. Negative publicity regarding Bitcoin mining's environmental impact and fraudulent activity also pose risks.

Institutional investors hold a significant portion of MARA Holdings, Inc. stock, ranging from 44.53% to 61.1%. Individual insiders hold a smaller percentage, between 0.80% and 1.54% of the stock. Leena Jaitley, founder of MTN group, is noted as one of the largest shareholders.