Bitcoin Treasury Strategy: Recent online conversations have centered on Marathon Digital Holdings' aggressive Bitcoin treasury strategy, with the company reportedly holding over 50,000 BTC. Many are intrigued by their plan to issue convertible bonds to acquire even more Bitcoin, viewing it as a bold play in the crypto market. This has sparked debates about the potential upside of their asset value with Bitcoin price fluctuations.
Mining and Diversification Concerns: Discussions also highlight worries about shrinking margins in Bitcoin mining due to rising energy costs and fierce competition. Some express skepticism about the sustainability of their core operations, while others are curious about their pivot to AI hosting and power capacity expansion. This mix of innovation and risk keeps the chatter lively and divided.
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:
- FREDERICK G THIEL (Chief Executive Officer) has made 0 purchases and 7 sales selling 192,535 shares for an estimated $3,173,801.
- SALMAN HASSAN KHAN (Chief Financial Officer) has made 0 purchases and 5 sales selling 173,660 shares for an estimated $2,978,269.
- 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 5 sales selling 5,000 shares for an estimated $86,990.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Marathon Digital Holdings Revenue
Marathon Digital Holdings had revenues of $252.4M in Q3 2025. This is an increase of 91.73% from the same period in the prior year.
You can track MARA financials on Quiver Quantitative's MARA stock page.
Marathon Digital Holdings Hedge Fund Activity
We have seen 244 institutional investors add shares of Marathon Digital Holdings stock to their portfolio, and 179 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
- D. E. SHAW & CO., INC. added 5,927,086 shares (+inf%) to their portfolio in Q3 2025, for an estimated $108,228,590
- VOLORIDGE INVESTMENT MANAGEMENT, LLC added 5,096,694 shares (+inf%) to their portfolio in Q3 2025, for an estimated $93,065,632
- MAREX GROUP PLC added 4,502,149 shares (+83.7%) to their portfolio in Q3 2025, for an estimated $82,209,240
- VANGUARD GROUP INC added 4,049,979 shares (+9.8%) to their portfolio in Q3 2025, for an estimated $73,952,616
- CAPITAL RESEARCH GLOBAL INVESTORS added 3,728,896 shares (+inf%) to their portfolio in Q3 2025, for an estimated $68,089,640
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 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 11/24/2025
- Compass Point issued a "Buy" rating on 11/24/2025
- 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
- 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 $26.0.
Here are some recent targets:
- Reginald Smith from JP Morgan set a target price of $13.0 on 11/24/2025
- Ed Engel from Compass Point set a target price of $30.0 on 11/24/2025
- Chris Brendler from Rosenblatt set a target price of $22.0 on 11/05/2025
- Brett Knoblauch from Cantor Fitzgerald set a target price of $21.0 on 11/05/2025
- Paul Golding from Macquarie set a target price of $29.0 on 10/22/2025
- Gregory Lewis from BTIG set a target price of $27.0 on 09/05/2025
- 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.
