Bitcoin Holdings Boost: Recent chatter on X about Marathon Digital Holdings (MARA) has focused on the company’s massive Bitcoin treasury, with holdings reportedly exceeding 27,000 BTC valued at over $2.5 billion. Many users are intrigued by the firm’s strategy to issue $700 million in convertible bonds to acquire more Bitcoin, seeing it as a bold move in the crypto space.
Mining Margin Concerns: Discussions also highlight concerns over shrinking Bitcoin mining margins due to rising energy costs and competition, as noted by several posts on X. Some express worry about the sustainability of MARA’s core mining business, especially with high all-in costs per BTC. Yet, there’s curiosity about the company’s pivot to diversify into AI hosting and expand power capacity.
Stock Price Debate: Sentiment around MARA’s stock price is mixed, with some on X pointing out that it’s trading below the value of its Bitcoin holdings, sparking debate about potential upside. Others caution about recent stock pullbacks and operational challenges, reflecting uncertainty in the current market environment.
Note: This discussion summary was generated from an AI condensation of post data.
Marathon Digital Holdings Insider Trading Activity
Marathon Digital Holdings insiders have traded $MARA stock on the open market 21 times in the past 6 months. Of those trades, 0 have been purchases and 21 have been sales.
Here’s a breakdown of recent trading of $MARA stock by insiders over the last 6 months:
- SALMAN HASSAN KHAN (Chief Financial Officer) has made 0 purchases and 5 sales selling 173,661 shares for an estimated $3,112,350.
- FREDERICK G THIEL (Chief Executive Officer) has made 0 purchases and 6 sales selling 165,030 shares for an estimated $2,844,017.
- ZABI NOWAID (General Counsel) has made 0 purchases and 3 sales selling 30,000 shares for an estimated $480,220.
- VICKI MEALER-BURKE sold 14,887 shares for an estimated $226,580
- DOUGLAS K MELLINGER has made 0 purchases and 6 sales selling 6,000 shares for an estimated $102,990.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Marathon Digital Holdings Hedge Fund Activity
We have seen 223 institutional investors add shares of Marathon Digital Holdings stock to their portfolio, and 178 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TWO SIGMA ADVISERS, LP added 7,419,754 shares (+inf%) to their portfolio in Q3 2025, for an estimated $135,484,708
- UBS GROUP AG added 6,172,110 shares (+104.1%) to their portfolio in Q3 2025, for an estimated $112,702,728
- VANGUARD GROUP INC added 4,049,979 shares (+9.8%) to their portfolio in Q3 2025, for an estimated $73,952,616
- CITADEL ADVISORS LLC added 3,803,488 shares (+460.0%) to their portfolio in Q2 2025, for an estimated $59,638,691
- CAPITAL RESEARCH GLOBAL INVESTORS added 3,728,896 shares (+inf%) to their portfolio in Q3 2025, for an estimated $68,089,640
- BLACKROCK, INC. added 2,578,234 shares (+4.7%) to their portfolio in Q3 2025, for an estimated $47,078,552
- AMERICAN CENTURY COMPANIES INC removed 2,161,312 shares (-31.9%) from their portfolio in Q3 2025, for an estimated $39,465,557
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Marathon Digital Holdings 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:
- Rosenblatt issued a "Buy" rating on 11/05/2025
- Macquarie issued a "Outperform" rating on 10/22/2025
- Cantor Fitzgerald issued a "Overweight" rating on 10/06/2025
- JP Morgan issued a "Overweight" rating on 09/26/2025
- Piper Sandler issued a "Overweight" rating on 07/21/2025
To track analyst ratings and price targets for Marathon Digital Holdings, check out Quiver Quantitative's $MARA forecast page.
Marathon Digital Holdings Price Targets
Multiple analysts have issued price targets for $MARA recently. We have seen 7 analysts offer price targets for $MARA in the last 6 months, with a median target of $22.0.
Here are some recent targets:
- Brett Knoblauch from Cantor Fitzgerald set a target price of $21.0 on 11/05/2025
- Chris Brendler from Rosenblatt set a target price of $22.0 on 11/05/2025
- Paul Golding from Macquarie set a target price of $29.0 on 10/22/2025
- Reginald Smith from JP Morgan set a target price of $20.0 on 09/26/2025
- Gregory Lewis from BTIG set a target price of $27.0 on 09/05/2025
- 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
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
