MARA Holdings, Inc. - Common Stock (MARA)

PALM BEACH, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The usage of cryptocurrencies and their sources of mining are both growing exponentially around the globe and are projected to continue in the coming years. According to a report from ResearchAndMarkets, describing the growing crypto outlook said: “The cryptocurrency market is forecasted to grow by USD 39.74 billion during 2024-2029, accelerating at a CAGR of 16.7% during the forecast period.” Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is acceptance of cryptocurrency by retailers. One of the major drivers for this market is the rising investment in digital assets.” Another report from Precedence Research that focused on mining said: “The global cryptocurrency mining market size is calculated at USD 2.45 billion in 2024, grew to USD 2.77 billion in 2025 and is predicted to surpass around USD 8.24 billion by 2034, expanding at a CAGR of 12.90% between 2024 and 2034. Bitcoin and numerous other cryptocurrencies service the mining progression to produce a new exchange and validate fresh transactions. Bitcoin operates on a distributed network or decentralized computer network that keeps track of cryptocurrency. New bitcoins are generated or mined when machines on the system authenticate and process the transaction. The transaction is processed by these computer networks, or miners, in return for a Bitcoin reward.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), MicroStrategy® Incorporated NASDAQ: MSTRNASDAQMSTR)(NASDAQ: RUMNASDAQRUM, MARA Holdings, Inc. (NASDAQ: MARANASDAQ), Riot Platforms, Inc. (NASDAQ: RIOTRIOT).

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Marathon Digital Holdings Inc. (NASDAQMARA), commonly known as MARA, has added 703 BTC to its holdings this November. This brings its total Bitcoin stash to 34,794 BTC, worth $3.3 billion today. With this, Marathon is now the second-largest company holding Bitcoin, just behind MicroStrategy.

Marathon Digital Holdings (NASDAQMARA), a leading cryptocurrency mining company, is turning heads with its efficiency gains and strategic growth. H.C. Wainwright, a prominent research firm, has raised its price target for Marathon from $27 to $28 while maintaining its “Buy” rating. The upgrade acknowledges the company’s significant operational improvements and proactive strategies, demonstrating resilience and adaptability despite facing revenue challenges.

PALM BEACH, Fla., Dec. 26, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A recent article in Bitcoin Magazine addressed the recent tsunami of companies jumping into the current “IT” strategy… Bitcion as a treasury asset. The article said: “MicroStrategy’s corporate Bitcoin treasury strategy is taking off. Public companies are FOMO’ing (“Fear Of Missing Out”) into bitcoin. It’s almost as if Trump’s pro-Bitcoin stance is giving companies the green light to stack BTC. (One day in November alone ) seven public companies announced that they have bought or plan to buy bitcoin for their treasury reserves, with one new company committing to purchasing $1 million in BTC (the next day). Crazy, right? It has felt like a minimum of one to two new companies a day are adopting bitcoin as a reserve asset — not to mention all the companies getting bitcoin exposure via the ETFs. It’s surreal to witness the FOMO from companies adopting a corporate Bitcoin playbook in real time… Over the course of the next year I’m expecting this corporate Bitcoin adoption to only increase as the price of bitcoin rises and Trump takes office.”   A review of the market shows that leading companies are embracing Bitcoin Treasuries as a Strategic Asset. The adoption of Bitcoin as a corporate treasury asset is gaining momentum among innovative companies across industries. Recognizing the potential of Bitcoin as a store of value and hedge against inflation, businesses like Rumble, MicroStrategy, Marathon Digital Holdings, Hut 8 Mining Corp, KULR Technology Group, Block Inc., and Coinbase are leading the charge in integrating Bitcoin into their financial strategies.   Active tech companies in news today include:   KULR Technology Group, Inc. (NYSEKULR), Hut 8 Corp. NASDAQ: HUTNASDAQHUT)(NASDAQ: MARANASDAQMARA, Rumble Inc. (NASDAQ: RUMNASDAQ), MicroStrategy® Incorporated (NASDAQ: MSTRMSTR).

The U.S. federal government is reportedly investigating Tether, a major stablecoin provider, according to an October 25 report by The Wall Street Journal (WSJ) , which cites sources close to the issue.

Bitcoin (BTC) has seen little movement over the past few months. After a strong start to 2024, it has largely leveled off, trading between $56,000 and $62,000 since July. This stability contrasts sharply with the first half of the year, when the cryptocurrency jumped by 45%, largely fueled by U.S. spot ETFs.

Formerly known as Marathon Digital, MARA Holding (NASDAQMARA) is planning for a game-changing push into the artificial intelligence (AI) space, and analysts are thrilled with anticipation. With predictions that MARA stock could increase up to threefold, this pivot into AI infrastructure has investors sitting up and paying attention.

Crypto stocks, such as MARA and RIOT, surged alongside Bitcoin’s previous highs but have since lost momentum as Bitcoin consolidates near key levels.

Donald Trump recently revealed his family’s new crypto business, World Liberty Financial, during a live interview on X. While the Republican presidential candidate didn’t dive deep into the details, he did address an incident that occurred the previous day, which seemed to be an assassination attempt.

Marathon Digital Holdings Inc. (NASDAQMARA), a digital asset technology company, recently announced its decision to begin mining Kaspa (KAS), a promising proof-of-work (PoW) digital asset. According to the company, this decision is not based on a whim but on a calculated analysis of potential profitability.

The U.S. Securities and Exchange Commission (SEC) approved 12 and 9 Bitcoin and Ether spot exchange-traded funds (ETFs), respectively, this year. Understanding the distinctions between futures and spot cryptocurrency exchange-traded products (ETPs) is crucial for investors to navigate the ever-evolving world of crypto investments.

Applied Digital shares are down 56% since its IPO but have a potential 110% upside. It now focuses on AI, but high energy costs are hurting margins.

Hut 8 Corp. reports second-quarter results, revealing a challenging but promising outlook for the cryptocurrency mining industry.

Bitcoin and other leading cryptocurrencies, including XRP, Ethereum and Solana, have seen a significant decline this week, mirroring the downturn in the stock market, which could potentially worsen. The price of Bitcoin has fallen to around $60,000 after reaching $70,000 only a week earlier. Similarly, XRP, Ethereum and Solana have also experienced drops, collectively erasing $300 billion from the cryptocurrency market since the end of July.

Recent comments from Fed Chair Jerome Powell caused the dollar to slightly decline, while cryptos experienced an uptick due to speculation that former President Donald Trump’s assassination attempt increased his chances of reelection. Trump, known for his procrypto stance, has yet to outline specific policies for the cryptocurrency sector.

Bitcoin has sharply bounced close to 12% over the previous five days, driven by lower-than-expected CPI data and political news, lifting several crypto stocks.

Applied Digital Co. (NASDAQAPLD) designs, develops and operates next-generation (gen) data centers accommodating artificial intelligence (AI) service provider

Prominent crypto figures, the Winklevoss twins, have each donated $1 million in Bitcoin to Donald Trump’s presidential campaign. They have pledged their support for Trump in the upcoming November election, citing their belief that the Biden administration is hostile toward cryptocurrency.

Cryptocurrency ETFs provide investors with diversified exposure to the evolving digital asset market.

As Bitcoin continues to consolidate within reach of its all-time highs, many investors, speculators, and traders wonder if a breakout is on the horizon.

Ether worth more than $3 billion has been drawn from cryptocurrency exchanges following the U.S. Security Exchange Commission’s approval of Ether spot ETFs last month, signaling an impending supply shortfall. Just prior to the announcement, the regulator initiated talks with possible issuers and later granted approval for multiple 19b-4 forms to list the ETFs.

Venezuela’s state-owned oil company, PDVSA, is gearing up to ramp up digital currency use in its exports of fuel and crude oil amid renewed oil sanctions imposed by the United States, according to three individuals aware of the strategy. Recently, the U.S. Department of Treasury set a deadline of May 31, 2024, for PDVSA suppliers and clients to conclude transactions under the nonrenewed general license, citing the absence of electoral reforms. This action makes it more difficult for Venezuela to increase oil production and exports since it now requires specific U.S. licenses for companies to do business with the nation.

Marathon Digital Holdings, Inc. (NASDAQMARA) is one today’s most active stocks by volume. So far today, approximately 32.76M shares of Marathon Digital Holdings, Inc. have been exchanged, as compared to an average 30-day volume of 43.92M shares.