MARA Holdings reports Q2 2025 revenues of $238 million, net income of $808.2 million, and increased Bitcoin holdings.
Quiver AI Summary
MARA Holdings, Inc. reported a strong financial performance for the second quarter of 2025, with revenues rising 64% year-over-year to $238 million and net income increasing an impressive 505% to $808.2 million. The company's Bitcoin holdings also saw significant growth, increasing 170% from 18,488 to 49,951. The results were shared in a letter to shareholders, available on MARA’s website, and the company plans to discuss these results in a webcast and conference call later today. MARA is focused on advancing energy systems through digital energy technologies and aims to reduce energy demands while delivering high-performance computing solutions.
Potential Positives
- Revenues increased 64% YoY to $238 million, indicating strong financial growth.
- Net income surged 505% YoY to $808.2 million, showcasing significant profitability improvements.
- Bitcoin holdings rose 170% YoY to 49,951, reflecting increased investment and potential for future growth in the digital currency market.
Potential Negatives
- Despite significant increases in revenues and net income, the press release does not provide insights into the company's expenses or potential liabilities, leaving investors without a complete financial picture.
- The reliance on Bitcoin holdings, while significantly increased, may pose a risk to stability if cryptocurrency markets fluctuate, which is not addressed in the release.
- There is no mention of strategic initiatives or future plans to maintain or build on this growth, which may raise concerns about sustainability among investors.
FAQ
What were MARA's revenue figures for Q2 2025?
MARA's revenues increased 64% year-over-year to $238 million for Q2 2025.
How much did MARA's net income grow?
MARA's net income skyrocketed by 505% year-over-year, reaching $808.2 million.
What is the current status of MARA's Bitcoin holdings?
MARA's Bitcoin holdings increased by 170% year-over-year, growing to 49,951 from 18,488.
When will MARA hold the earnings conference call?
MARA will hold its earnings webcast and conference call on July 29, 2025, at 5:00 p.m. Eastern Time.
How can I access MARA's second quarter shareholder letter?
The second quarter 2025 shareholder letter can be accessed on MARA's website at ir.mara.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MARA Insider Trading Activity
$MARA insiders have traded $MARA stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $MARA stock by insiders over the last 6 months:
- FREDERICK G THIEL (Chief Executive Officer) has made 0 purchases and 5 sales selling 165,030 shares for an estimated $2,672,935.
- SALMAN HASSAN KHAN (Chief Financial Officer) has made 0 purchases and 5 sales selling 136,265 shares for an estimated $2,230,695.
- DOUGLAS K MELLINGER has made 0 purchases and 3 sales selling 5,000 shares for an estimated $81,420.
- ZABI NOWAID (General Counsel) sold 2,000 shares for an estimated $26,680
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MARA Hedge Fund Activity
We have seen 187 institutional investors add shares of $MARA stock to their portfolio, and 173 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 3,814,515 shares (+7.6%) to their portfolio in Q1 2025, for an estimated $43,866,922
- BANK OF AMERICA CORP /DE/ removed 3,328,520 shares (-83.1%) from their portfolio in Q1 2025, for an estimated $38,277,980
- JANE STREET GROUP, LLC removed 3,159,152 shares (-95.0%) from their portfolio in Q1 2025, for an estimated $36,330,248
- AMERICAN CENTURY COMPANIES INC added 2,250,082 shares (+55.7%) to their portfolio in Q1 2025, for an estimated $25,875,943
- CAPITAL WORLD INVESTORS added 2,081,921 shares (+inf%) to their portfolio in Q1 2025, for an estimated $23,942,091
- GOLDMAN SACHS GROUP INC added 1,923,675 shares (+58.7%) to their portfolio in Q1 2025, for an estimated $22,122,262
- UBS GROUP AG added 1,651,789 shares (+39.0%) to their portfolio in Q1 2025, for an estimated $18,995,573
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MARA Analyst Ratings
Wall Street analysts have issued reports on $MARA in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Cantor Fitzgerald issued a "Overweight" rating on 07/28/2025
- JP Morgan issued a "Overweight" rating on 07/28/2025
- Piper Sandler issued a "Overweight" rating on 07/21/2025
- Rosenblatt issued a "Buy" rating on 05/27/2025
- HC Wainwright & Co. issued a "Buy" rating on 04/24/2025
To track analyst ratings and price targets for $MARA, check out Quiver Quantitative's $MARA forecast page.
$MARA Price Targets
Multiple analysts have issued price targets for $MARA recently. We have seen 8 analysts offer price targets for $MARA in the last 6 months, with a median target of $21.0.
Here are some recent targets:
- Reginald Smith from JP Morgan set a target price of $22.0 on 07/28/2025
- Brett Knoblauch from Cantor Fitzgerald set a target price of $39.0 on 07/28/2025
- Ed Engel from Compass Point set a target price of $18.0 on 07/25/2025
- Patrick Moley from Piper Sandler set a target price of $26.0 on 07/21/2025
- Chris Brendler from Rosenblatt set a target price of $20.0 on 05/27/2025
- Ramsey El-Assal from Barclays set a target price of $16.0 on 05/12/2025
- Kevin Dede from HC Wainwright & Co. set a target price of $28.0 on 04/24/2025
Full Release
Revenues
increased
64%
YoY to
$238 million
Net income
increased
505%
YoY to
$808.2
million
Bitcoin holdings
increased
170%
YoY to
49,951
from
18,488
at the end of
Q2 2024
Miami, FL, July 29, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company") , a leading digital energy and infrastructure company, today announced its second quarter 2025 financial results in a letter to shareholders.
Investors are invited to access the second quarter 2025 shareholder letter at MARA’s website at ir.mara.com . A copy of the letter will also be furnished to the Securities and Exchange Commission on a Form 8-K.
MARA will hold a webcast and conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) today to discuss these financial results. To register to participate in the conference call, please use the link below.
Earnings Webcast and Conference Call Details
Date: Tuesday, July 29, 2025
Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)
Registration link:
LINK
The webcast will also be available for replay at MARA’s website at ir.mara.com . If you have any difficulty connecting to the conference call, please contact MARA’s investor relations team at [email protected] .
About MARA
MARA (NASDAQ: MARA) deploys digital energy technologies to advance the world's energy systems. Harnessing the power of compute, MARA transforms excess energy into digital capital, balancing the grid and accelerating the deployment of critical infrastructure. Building on its expertise to redefine the future of energy, MARA develops technologies that reduce the energy demands of high-performance computing applications, from AI to the edge.
For more information, visit
www.mara.com
, or follow us on:
X:
@MARA
LinkedIn:
www.linkedin.com/company/MARAHoldings
Facebook:
www.facebook.com/MARAHoldings
Instagram:
@MARAHoldingsInc
MARA Company Contact:
Telephone: 800-804-1690
Email:
[email protected]
MARA Media Contact:
Email:
[email protected]
