MARA MARA Holdings
What matters nowUpdated 4 days ago
- MARA filed an 8-K on Sep 25, 2026 reporting its entry into a material definitive agreement, with the event dated Sep 21, 2026 1.
- On the pooled 24/7 venue price of about $9.11, MARA is down 2.8% from the previous close of $9.38, after a 13.7% gain on Sep 18, 2026 and declines of 5.7% on Sep 30, 5.7% on Oct 7 and 4.5% on Oct 8.
- Q2 2026 revenue fell 27% year on year to $174.9 million, and the company reported a $611.3 million net loss, mostly from a fall in the value of its bitcoin. Trailing revenue is $804.2 million and trailing free cash flow is negative $1.24 billion, with net debt of $2.0 billion against a $3.48 billion market cap.
- Operations: 70.3 EH/s of energized hashrate, and a treasury of 35,577 BTC at June 30, 2026, of which 9,270 BTC were loaned or pledged. Over the past 180 days insiders sold 378,003 shares for $4.45 million across 20 planned sales and bought none.
- Next: Q3 2026 earnings are estimated for November 2026 and are not confirmed; FERC approval of the Long Ridge power plant acquisition is expected by Dec 31, 2026; the target to sign a first AI or HPC lease is year-end 2026; the Long Ridge plant is expected at a full 505 MW by Mar 31, 2027. The September 2026 CPI report is due Oct 14, 2026.
Valuation & fundamentalsFull financials →
TTM through 2026-06-30 from SEC filings↗ (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Every venue
| Venue | Price | vs pool | 24h vol | Open int. | Funding 8h |
|---|---|---|---|---|---|
| binance perp MARAUSDT · 1 min ago | 7.58 | 0.00% | $305.9K | $317.0K | 0.0000% |
| bitget perp MARAUSDT · just now | 7.55 | −0.42% | $65.4K | $321.7K | 0.0000% |
| bybit perp MARAUSDT · stale | 7.62 | +0.53% | $115.4K | $426.2K | 0.0000% |
| okx perp MARA-USDT-SWAP · stale | 7.61 | +0.40% | $92.1K | $116.0K | 0.0000% |
Pooled price = volume-weighted median of venues within 2% of each other. Venue markets for stocks, indices and gold are 24/7 perpetual contracts; they track but are not the official exchange price.
Open interest, 120 days
US$ millions, all venues
Funding, 120 days
Annualised %, OI-weighted. Positive: longs pay shorts.
NewsAll news →
MARA amends Texas site purchase: $100 million deposit and a sale process replace forfeiture terms
MARA signed a First Amendment to its Matagorda County site purchase agreement with HIF USA on September 21, 2026.
MARA Holdings reports fiscal Q2 2026 results: revenue $174.9M, down 27% from a year earlier
MARA Holdings filed a Form 8-K with the SEC on Aug 6, 2026, 4:05 PM ET, reporting an event dated Aug 6, 2026.
MARA Q2 2026 revenue falls 27% to $174.9 million and net loss is $611 million
MARA reported second-quarter 2026 revenue of $174.9 million, down from $238.5 million a year earlier, and a net loss of $611.3 million, or $1.60 per share.
MARA signs deal for 1,200-acre Texas powered-land site with up to 2 GW of grid capacity
MARA signed a definitive agreement with HIF USA to acquire a powered-land site of more than 1,200 acres in Matagorda County, Texas, about 90 miles southwest of Houston.
MARA Holdings reports fiscal Q1 2026 results: revenue $174.6M, down 18% from a year earlier
MARA Holdings filed a Form 8-K with the SEC on May 11, 2026, 4:04 PM ET, reporting an event dated May 11, 2026.
MARA posts $1.26 billion Q1 loss as bitcoin fell and revenue dropped 18%
MARA reported first-quarter 2026 revenue of $174.6 million, down 18% from a year earlier, and a net loss of $1.26 billion, or $3.31 per diluted share.
MARA agrees to buy Long Ridge Energy & Power for about $1.5 billion
MARA agreed to buy 100% of Long Ridge Energy & Power, a gas-fired power plant in Hannibal, Ohio, from FTAI Infrastructure's subsidiaries for a base price of about $1.5 billion, subject to adjustments.
MARA cuts about 15% of its workforce under a 2026 restructuring plan
MARA reduced its workforce by about 15% as part of a 2026 restructuring plan that it began in the first quarter.
MARA Holdings reports fiscal Q4 2025 results: revenue $202.3M, down 6% from a year earlier
MARA Holdings filed a Form 8-K with the SEC on Feb 26, 2026, 4:23 PM ET, reporting an event dated Feb 26, 2026.
MARA signs strategic agreement with Starwood Digital Ventures for AI and HPC campuses
MARA signed a strategic agreement with Starwood Digital Ventures to develop, finance and operate AI and high-performance computing campuses on MARA's power-rich sites.
MARA closes majority stake purchase in French AI cloud firm Exaion
MARA completed its purchase of a majority interest in Exaion, the French high-performance computing and sovereign AI cloud business that was carved out of EDF.
MARA Holdings reports fiscal Q3 2025 results: revenue $252.4M, up 92% from a year earlier
MARA Holdings filed a Form 8-K with the SEC on Nov 4, 2025, 7:10 AM ET, reporting an event dated Nov 4, 2025.