Marathon Digital HoldingsMARA
Market Cap: $3.94B
About: Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company currently operates in the Digital Currency Blockchain segment. The Crypto-currency Machines are located in the United States.
Employees: 109
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
88% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 69
49% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 55
30% more capital invested
Capital invested by funds: $2.48B [Q1] → $3.23B (+$751M) [Q2]
16.28% more ownership
Funds ownership: 41.32% [Q1] → 57.6% (+16.28%) [Q2]
9% more funds holding
Funds holding: 294 [Q1] → 321 (+27) [Q2]
2% more call options, than puts
Call options by funds: $549M | Put options by funds: $536M
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
JP Morgan Reginald Smith 48% 1-year accuracy 12 / 25 met price target | 10%downside $12 | Underweight Maintained | 23 Aug 2024 |
B. Riley Securities Lucas Pipes 37% 1-year accuracy 23 / 63 met price target | 50%upside $20 | Neutral Maintained | 12 Jul 2024 |
HC Wainwright & Co. Kevin Dede 29% 1-year accuracy 15 / 51 met price target | 102%upside $27 | Buy Reiterated | 20 Jun 2024 |
Financial journalist opinion
Based on 17 articles about MARA published over the past 30 days