Get started

MARA

MARA Marathon Digital Holdings A Crypto Mining Stock to Watch Marathon Digital Holdings, Inc. ( NASDAQ:MARA ) “Bitcoin at $96K? It’s like Monopoly money growing into something real—fueling wealth and lifting stocks like $MARA. Let’s break down the crypto miner making waves in this dynamic market.” After Bitcoin ( CRYPTOCAP:BTC ) surged to $96,000, Marathon Digital Holdings ( NASDAQ:MARA ) has positioned itself as a significant player in the crypto ecosystem. For investors, NASDAQ:MARA represents a unique opportunity tied directly to Bitcoin’s price movements and the operational efficiencies of crypto mining. Let’s dive into the details to evaluate its potential. Current Market Data Stock Price: Around $22.73 Market Cap: Approximately $4.65 billion Earnings Per Share (EPS): -$0.42 (last quarter) At first glance, NASDAQ:MARA ’s financial metrics might raise eyebrows. A negative EPS highlights the ongoing challenges of profitability in the volatile crypto mining industry. However, its substantial Bitcoin reserves tell a different story. Bitcoin Holdings: A Key Asset Marathon Digital holds 40,435 BTC, valued at approximately $3.88 billion at the current Bitcoin price of $96,000. This means that 83% of its market cap is backed by Bitcoin holdings alone. Such a significant asset base provides a unique valuation anchor in an otherwise speculative industry. Book Value Breakdown Total Bitcoin Value: ~$3.88 billion Estimated Shares Outstanding: ~204.6 million Book Value Per Share: ~$19.00 Compared to its stock price of ~$22.73, this suggests NASDAQ:MARA is trading close to its asset-backed value, making it an intriguing option for Bitcoin bulls. Valuation Metrics Traditional valuation methods struggle with companies like NASDAQ:MARA , given the negative EPS and the speculative nature of the crypto market. However, using a forward-looking EPS of $1.22 (an optimistic assumption), we can estimate: Graham Number: At a stock price of ~$22.73, NASDAQ:MARA appears fairly valued by this metric, though this assumes optimistic future earnings and stability in Bitcoin prices. Operational Highlights BTC Yield Growth: Marathon has reported steady improvements in Bitcoin yield, signaling operational success and increased mining efficiency. Renewable Energy Investments: Recent moves to secure wind farms and other renewable energy sources could reduce mining costs and enhance profitability. Scalability: With a solid foundation and operational upgrades, NASDAQ:MARA is well-positioned to benefit from further Bitcoin price increases. Risks and Volatility Crypto Dependency: NASDAQ:MARA ’s performance is tightly coupled with Bitcoin’s price. While this offers significant upside during bull markets, it exposes the stock to extreme downside risk in bear markets. Regulatory Uncertainty: Potential changes in crypto regulations could impact mining operations and profitability. Operational Costs: Fluctuations in energy prices and mining difficulty could strain margins. Buffett’s Perspective: Speculation vs. Strategy Warren Buffett famously avoids speculative assets like Bitcoin, and by extension, Bitcoin-focused companies. However, Marathon’s strategic moves—such as renewable energy investments—showcase a long-term vision that could appeal to more risk-tolerant investors. Conclusion: Is NASDAQ:MARA a Buy? NASDAQ:MARA ’s substantial Bitcoin reserves and operational improvements make it a compelling choice for investors who believe in Bitcoin’s continued growth. At a price of ~$22.73, the stock seems fairly valued relative to its book value and intrinsic potential. However, investing in NASDAQ:MARA requires: A strong belief in Bitcoin’s future. A high tolerance for crypto market volatility. An understanding of the risks tied to mining operations and regulatory changes. For those ready to embrace the volatility, NASDAQ:MARA offers an opportunity to ride the crypto wave with a company building for the future. For more in-depth market insights and strategies, visit DCAlpha.net and stay ahead of the game. 🚀
NASDAQ:MARALong
by DCAChampion
Your not ready for MARAs next move! 118% Upside🚀 Hold on tight! MARA's Next Move is Coming! 🚀 Get ready for an explosive 118% upside! MARA is showing off a stunning Cup and Handle pattern that's about to break out any moment! And guess what? We've already broken out of a pristine Bull Flag! Here's the breakdown: - H5 Indicator: GREEN and ready for action! - Volume Shelf Launch: With Free Roam Space above. - WR%: Sitting comfortably in the Consolidation Box. 🚩 Bull Flag MM: $50 Cup and Handle MM: $65 This is Not Financial Advice (NFA), but don't say I didn't warn you—buckle up! 🚀
NASDAQ:MARALong
by RonnieV29
4
MARA: Strategic Entry Amid Bitcoin ResurgenceMarathon Digital Holdings, Inc. ( NASDAQ:MARA ): Strategic Entry Amid Bitcoin Resurgence Trade Setup: - Entry Price: $19.59 - Stop-Loss: $15.14 - Take-Profit Targets: - TP1: $28.61 - TP2: $39.59 Company Overview: Marathon Digital Holdings, Inc. is a leading digital asset technology company specializing in cryptocurrency mining, with a primary focus on the COINBASE:BTCUSD ecosystem. The company has recently expanded its operations, including the acquisition of a 114-megawatt wind farm in Texas to power its mining activities with renewable energy. Financial Performance: In Q3 2024, Marathon reported revenue of $131.6 million, up from $97.8 million in the same period last year. However, the net loss widened to $124.8 million, exceeding analyst expectations. Analyst Ratings: Analyst sentiment is mixed, with some maintaining a "Buy" rating and price targets around $28.00, indicating potential upside from the current price. Volume and Market Dynamics: The stock has experienced increased volatility, correlating with Bitcoin's price movements and recent company expansions. The acquisition of renewable energy assets reflects a strategic move towards sustainable operations. Risk/Reward Analysis: The stop-loss at $15.14 limits downside risk, while the take-profit targets of $28.61 and $39.59 offer potential returns of approximately 46% and 102%, respectively, from the entry point. Conclusion: Marathon Digital Holdings presents a strategic opportunity for investors seeking exposure to the cryptocurrency sector, particularly Bitcoin. The company's expansion into renewable energy and increased mining capacity position it favorably amid the current Bitcoin rally. *When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!* *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
NASDAQ:MARALong
by SiriusTrading
AAPL: 2025 Strategic Outlook: 75%+ BUY/HOLD🔸Time to update the AAPL outlook, this is 2D price chart, we are currently entering overpriced zone and limited upside in AAPL going forward. 🔸AAPL price action is contained within rising bullish price channel established since 2021. Havin said that we've entered premium / overprice zone and I'm expecting limited upside going forward over the next few month. Risk/reward is favoring a pullback/correction before a healthy uptrend can resume in 2025. 🔸Recommended strategy bulls: expecting pullback/correction to start in Q1 2025, 20/25% pullback is normal and therefore we may hit 170/180 USD in the correction stage of the bull market in AAPL. Bulls should wait for better prices / reload zone near 170/180. TP BULLS is 260/280 USD. this is obviously a setup for patient traders, do not expect overnight gains in this market. good luck! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
NASDAQ:AAPLLong
by ProjectSyndicate
11
Trade Idea | Long | MARA | Mara HoldingsMARA Holdings, Inc. is a company that engages in mining cryptocurrencies. They will release their recent earnings report on November 12 and in my opinion it is currently trading below market value. As of this writing, OANDA:BTCUSD is now trading at $80K level posting another new high meaning, the value of this holdings of this company also increases. This recent bullish move made by Bitcoin is enough for me to go long in this stock. Trade Idea: Entry : $19 - 20.50 Stop: $18.00 Always manage your risk. Know when to get out before going in. My target exit depends on the volume price action heading to that $26 level resistance.
NASDAQ:MARALong
by blue039
Anticipating the Upswing: $MARA at Macro SupportNo trend is active on NASDAQ:MARA yet, but I’m anticipating that in the next two weeks. There’s no need to overcomplicate things. I like the chart sitting at a macro support level. It took out the previous lows and is currently retesting the wick on the monthly timeframe. This could have enough momentum to push higher if November shows a monthly confirmation, but I’d be happy with just a weekly confirmation for October.
NASDAQ:MARALong
by ZelfTrade
$MARA sub $10 incomingThese BTC miners all look horrible. I don't know how anyone is convinced we're going higher here. If we look at the chart on the 3D, you can see that we've formed a lower high and price is rejecting the cloud. Should price get under $20.19, it would be extremely bearish as there is very little support below that level. I think price likely falls from here down to the trend line, then we consolidate and break that trend line and fall into the grey box. I'll only be a buyer in the gray box or if price can break back above $30.
NASDAQ:MARAShort
by benjihyam
33
$WULF: The Next Leader in the Crypto Mining Sector 🚀⛏️🚧Hello, everyone! We're excited about NASDAQ:WULF 's prospects among other crypto miners, standing out with its eco-friendly operations, profitability post-halving, and strategy to reduce debt without diluting shareholder value through ATM usage. The company's CEO has reassured investors of this commitment. Moreover, a significant short interest in NASDAQ:WULF could potentially propel its value dramatically. Currently, the price is at a crucial juncture, testing the hourly support. Should it break below, it might move to test the daily support level. Conversely, rebounding from the hourly support could set the stage for a climb towards the monthly resistance. Our initial milestone is overcoming the monthly resistance at around $3.70. Surpassing this, we aim for $8 followed by $17 as our subsequent targets. This outlook would be reconsidered if the hourly or daily indicators fall beneath the weekly, suggesting a need to reassess our stance. Stay tuned for updates, and best of luck to us all!
NASDAQ:WULFLong
by SierrasTrades
2
The Case for MinersBTC is now entering its final form. As I see it, the period beginning now and progressing over the coming months is likely to be the most rapid and vicious ascent of this entire market cycle beginning from the post-FTX lows. This cycle shall also culminate in Bitcoin's long-awaited rise to its greatest potential: accumulation on a global sovereign scale. Thus, the time to pay attention and allocate to BTC beta, especially miners, has reached its apex. I'm a bit late to this post as I have already positioned in several miners, namely CLSK and WULF, but plan to finish accumulating shares and long calls rapidly. The best entries tend to be on daily closes above previous monthly or quarterly highs, especially when the previous monthly candle was a doji or hammer, indicating accumulation and downtrend exhaustion. This is precisely what we just saw with the candle of the month of September 2024, and I entered on the first daily close above its $10.47 high. This post is generally for made for posterity and on the eve of a possible daily close confirming a textbook H&S bottom. While the measured move of this patter coincides with the yearly POC around ~$16-17, and it may well see some trouble accepting there, I plan to hold the majority of my longs into the 1st fib extension at $35, and, depending on conditions, will leave some to run to the 2nd extension around $52. RSI indicates that we haven't even entered the bull market phase of this run. Have fun and good luck to all - exciting times lie ahead!
NASDAQ:CLSKLong
by CalmCapital
Marathon Digital Holdings (MARA) AnalysisCompany Overview: Marathon Digital Holdings NASDAQ:MARA is a key player in the cryptocurrency mining sector, particularly focused on Bitcoin production. The company has shown resilience and operational strength in its mining activities, making it well-positioned for future growth. Key Developments: Positive Analyst Ratings: Analysts from Macquarie and Cantor Fitzgerald have set price targets above $20, indicating strong growth potential for Marathon Digital. This reflects growing confidence in the company's operational and market strategies. Increased Bitcoin Production: In September 2024, Marathon reported a 5% increase in Bitcoin production, reinforcing its operational strength. Additionally, the company achieved a 28% increase in Q1 2024 production, yielding 2,811 BTC compared to the same quarter in 2023. This efficiency in production underlines Marathon’s capacity to scale effectively in a competitive market. Favorable Cryptocurrency Market: With Bitcoin recently surpassing $67,000, the broader cryptocurrency market is showing favorable conditions. This surge allows MARA to capitalize on increased investor interest in crypto stocks, positioning the company for substantial market gains. Investment Outlook: Bullish Outlook: We are bullish on MARA above the $16.00-$17.00 range, driven by the company’s production efficiency and favorable market conditions. Upside Potential: Our target for Marathon Digital is set at $32.00-$33.00, supported by positive analyst sentiment and operational achievements. 🚀 MARA—Mining for Tomorrow's Success! #Cryptocurrency #BitcoinMining #GrowthPotential
NASDAQ:MARALong
by Richtv_official
MARA Holdings Surges: All Profit Targets Hit in 15min Long TradeTechnical Analysis: Mara Holdings – 15-Minute Timeframe (Long Trade) Mara Holdings displayed a strong bullish move, hitting all profit targets following a long entry at 15.77. The trade has now concluded successfully, with all targets achieved. Key Levels Entry: 15.77 – Long position initiated after identifying bullish momentum. Stop-Loss (SL): 15.41 – Positioned to manage risk in case of a reversal. Take Profit 1 (TP1): 16.20 – Initial target achieved early in the trade, confirming the upward trend. Take Profit 2 (TP2): 16.91 – Continued buying pressure led to this level being reached. Take Profit 3 (TP3): 17.62 – Bullish momentum carried the price to this level. Take Profit 4 (TP4): 18.05 – Final target successfully hit, completing the trade. Trend Analysis The price remained above the Risological Dotted trendline, confirming a sustained uptrend throughout the trade. Mara Holdings showed strong buying interest, driving the price through all profit targets. The long trade on Mara Holdings was highly successful, hitting all targets, with the final target of 18.05 marking a profitable conclusion. This showcases the precision of identifying and capitalizing on upward trends.
NASDAQ:MARALong
by ProfitsNinja
DOES $MARA HAVE SOME ROOM TO GO UP?WITH CRYPTOCAP:BTC BREAKING OUT OF ITS CONSOLIDATION IS ONLY RIGHT EVERYTHING CRYPTO WAKES UP. WHICH BRINGS US TO NASDAQ:MARA TECHNICALS: NASDAQ:META has to regain the level of 18.52 for a pop to 19.38 if we can get a clean close above 19.38 we can see a clean run the 26.76 “REMEMBER, TREND AND VOLUME ARE THE GAS AND STEERING WHEEL THAT POWERS AND DIRECTS A MOVE IN YOUR TRADING VEHICLE (STRATEGY) , DON’T CAUSE AN AVOIDABLE ACCIDENT, TRADE SAFE”- TWINEY @T.W.I.N.E.Y
NASDAQ:MARALong
by twiney
MARA Bullish Outlook: Elliott WavesTechnical Analysis of MARA Based on Elliott Waves. The following analysis is based on the provided chart and is for educational purposes only. It does not constitute financial advice. Investing in stocks involves risk, and past performance does not guarantee future results. Always conduct thorough research and consult with a financial advisor before making any investment decisions. Key Observations from the Chart - Elliott Wave Theory: The chart appears to be using Elliott Wave Theory to identify potential future trends. Elliott Wave Theory suggests that markets move in predictable patterns, often referred to as "waves." - Uptrend: The overall trend of the chart seems to be bullish, indicating a potential uptrend. - Invalidation Level: A horizontal line is drawn at the bottom, labeled "Invalidation Level." This level could serve as a support level, and if the price breaks below it, the bullish outlook might be invalidated. - Pattern Recognition: The chart seems to be suggesting a potential "5-wave impulse" pattern, which is often associated with an uptrend. - Price Action: The price has recently shown a pullback, which could be a healthy correction within the larger uptrend. Potential Outlook Based on these observations, the chart suggests a bullish outlook for MARA. If the price can hold above the "Invalidation Level" and continue to follow the Elliott Wave pattern, there is a potential for further upward movement. However, it's important to note that technical analysis is not foolproof. Market conditions can change rapidly, and unexpected events can affect the price. Always stay informed about the company's fundamentals, industry trends, and broader market conditions. Next Steps 1. Monitor Price Action: Keep an eye on the price in relation to the "Invalidation Level" and the Elliott Wave pattern. 2. Consider Other Indicators: Combine technical analysis with fundamental analysis to get a more complete picture of the company. 3. Risk Management: Implement risk management strategies, such as stop-loss orders, to protect your investments. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NASDAQ:MARALong
by RK_Chaarts
2
MARA, gathering strength for multi day gains -- coincides marketMARA tri-monthly chart is clearly showing initial upside shift. Accumulation and volume has been notable this past few days. Net buyers are definitely positioning in anticipation of crypto market's season breakout. KEY NOTES: Tri monthly histogram has registered higher lows -- cementing the current price range as the base for the coming series of ascend. First "bubble up" volume indicator below indicates warning sign of an incoming series of UPSIDE movement. Near term goal is x4 price -- with extended high prospect of x10 returns within 12 months. Spotted at 10.0 TAYOR. Safeguard capital always. _______________________________ FUNDAMENTAL NEWS / from tradingview: Mining Output Up 77% In May Jun 3, 202306:35 GMT+8 KEY POINTS: Marathon Digital’s Bitcoin mining output in May is up 77% from the previous month. The Bitcoin mining firm mined a record 1,245 BTC during May 2023 thanks to increased hash rates and transaction fees. The Bitcoin miner has increased its Unrestricted Bitcoin Holdings to 12,259 BTC, worth roughly $333 million. Marathon’s stock (MARA) surged by almost 7% following the latest mining metrics. Bitcoin mining giant Marathon Digital has reported optimistic metrics for the month of May 2023. The Fort Lauderdale-based firm mined 77% more BTC in May as compared to the previous month. The increase in mining output was attributed to surging hash rates and transaction fees thanks to the growing popularity of Bitcoin ordinals. The Bitcoin miner revealed that in some cases transaction fees were so high that they exceeded the 6.25 BTC block reward. Marathon Digital’s Share Price Up 7% According to the unaudited Bitcoin production and miner installation updates published by Marathon Digital Holdings, the Bitcoin mining firm mined 1,245 BTC during May 2023, marking a 77% increase from April. The latest BTC addition brought the firm’s year-to-date mined BTC number to 4,141 BTC. The bitcoin miner also increased its operational hash rate by 9% to 15.2 EH/s and installed hash rate by 13% to 20.1 EH/s in May. The Bitcoin miner has increased its Unrestricted Bitcoin Holdings to 12,259 BTC, worth roughly $333 million. With the construction of Applied Digital’s facility in Ellendale, ND progressing and optimizations across our fleet continuing, we believe we are on track to reach our 23 EH/s target near the middle of this year.” Fred Thiel, Chairman and CEO of Marathon Digital Holdings Marathon’s CEO Fred Thiel stated that apart from the Bitcoin mining operations, the firm also collaborated with Brink to raise nearly $800,000 for Bitcoin core developers, of which $500,000 was contributed by the Bitcoin miner. The latest Bitcoin mining metrics had a bullish impact on Marathon Digital’s stock (MARA). The share price gained nearly 7% after the numbers for May 2023 were released. At the time of writing, the stock was trading at $10.03.
NASDAQ:MARALong
by JSAL
7