MARA Holdings Inc Stock Price, News & Analysis

MARA Holdings (NASDAQ: MARA) has signed an investment agreement to acquire a 64% stake in Exaion, a subsidiary of EDF, for $168 million in cash. The deal includes an option to increase ownership to 75% by 2027 with an additional investment of $127 million.

Exaion specializes in high-performance computing data centers and secure cloud/AI infrastructure, partnering with industry leaders like NVIDIA, Deloitte, and 2CRSI. The acquisition aims to enhance MARA's capabilities in AI/HPC infrastructure development and expand its secure cloud solutions offerings. EDF will maintain a minority stake and continue as a client, with the transaction expected to close in Q4 2025.

MARA (NASDAQ:MARA) reported its Bitcoin mining operations update for July 2025, with 703 Bitcoin produced, representing a 1% decrease month-over-month. The company won 207 blocks in July, down 2% from June, amid a 9% increase in mining difficulty.

MARA achieved a significant milestone by increasing its Bitcoin holdings to 50,639 BTC, establishing itself as the second-largest publicly traded Bitcoin holder globally. The company's energized hashrate grew by 3% to 58.9 EH/s. With over $5 billion in liquid assets and an additional $1 billion recently raised, MARA is positioned for domestic growth and international expansion.

MARA (NASDAQ: MARA), a leading digital energy and infrastructure company, reported exceptional Q2 2025 financial results. The company achieved remarkable growth with revenue increasing 64% year-over-year to $238 million. Most notably, net income surged 505% year-over-year to $808.2 million.

MARA's Bitcoin holdings demonstrated substantial expansion, growing 170% year-over-year to 49,951 BTC from 18,488 BTC at the end of Q2 2024. The company will discuss these results during a conference call scheduled for July 29, 2025, at 5:00 p.m. Eastern Time.

MARA Holdings (NASDAQ: MARA) has successfully completed an upsized offering of $950 million in 0.00% convertible senior notes due 2032. The company secured net proceeds of approximately $940.5 million after deducting initial purchasers' discounts and commissions.

The notes are convertible into cash, MARA common stock, or a combination thereof, with an initial conversion rate of 49.3619 shares per $1,000 principal amount, equivalent to a conversion price of $20.2585 per share. MARA allocated $18.3 million to repurchase existing 2026 convertible notes and $36.9 million for capped call transactions.

The remaining proceeds will be used to acquire additional bitcoin and for general corporate purposes. The company implemented protective measures through capped call transactions with a cap price of $24.14 per share, representing a 40% premium over the reference price.

MARA Holdings (NASDAQ: MARA) has announced the pricing of an upsized $950 million offering of 0.00% convertible senior notes due 2032. The company also granted initial purchasers an option to purchase up to an additional $200 million in notes.

The notes will be convertible into cash, MARA common stock, or a combination thereof, with an initial conversion rate of 49.3619 shares per $1,000 principal amount. MARA expects net proceeds of approximately $940.5 million (or $1,138.5 million if the additional purchase option is exercised), which will be used to repurchase existing convertible notes, fund capped call transactions, acquire bitcoin, and for general corporate purposes.

The company entered into capped call transactions with a cap price of $24.14 per share, representing a 40% premium over the current stock price, to reduce potential dilution and offset cash payments upon conversion.

MARA Holdings (NASDAQ: MARA) has announced plans to offer $850 million in zero coupon convertible senior notes due 2032 through a private offering to qualified institutional buyers. The company will also grant initial purchasers an option for an additional $150 million in notes.

The notes will be convertible into cash, MARA common stock, or a combination of both. MARA plans to use up to $50 million of the proceeds to repurchase existing 1.00% convertible notes due 2026, with remaining funds allocated for capped call transactions, bitcoin acquisition, and general corporate purposes.

To mitigate potential dilution, MARA will enter into capped call transactions covering the number of shares underlying the notes. The notes will mature on August 1, 2032, unless earlier repurchased, redeemed, or converted.

MARA Holdings (NASDAQ: MARA), a digital energy and infrastructure company, has scheduled its Q2 2025 earnings conference call for Tuesday, July 29, 2025, at 5:00 p.m. ET. The company will release its financial results via a shareholder letter on its investor relations website before the call.

Shareholders can participate by registering through the provided link and will have the opportunity to submit and upvote questions between July 21 at 9:00 a.m. ET and July 28 at 9:00 a.m. ET. Selected questions will be addressed during the earnings call.

MARA Holdings (NASDAQ: MARA) has led a $20 million equity investment in Two Prime, an SEC-registered investment advisor managing ~$1.75 billion in assets. The investment deepens their existing partnership and includes participation from Susquehanna Crypto.

As part of the deal, MARA has significantly expanded its bitcoin allocation in Two Prime's institutional yield strategies from 500 BTC to 2,000 BTC. Two Prime, recently ranked as the largest CeFi lender in the United States, specializes in institutional yield strategies focusing on capital preservation and risk-adjusted returns.

The strategic investment comes amid increasing institutional and sovereign interest in digital asset yield strategies, positioning Two Prime to meet growing demand for yield-generating infrastructure in the bitcoin treasury management space.

MARA (NASDAQ: MARA), a digital energy and infrastructure company, has appointed Nir Rikovitch as Chief Product Officer (CPO). In this role, Rikovitch will lead MARA's product strategy and focus on commercializing the company's technology into market-ready products.

Rikovitch joins MARA from Blue River, a John Deere Company, where he co-founded the autonomy unit and led product strategy for autonomous construction machinery, generating over $500 million in revenue. His expertise spans product management, machine learning, and engineering leadership across robotics and industrial automation.

In his new role, Rikovitch will bridge engineering, strategy, and commercialization while building the company's product discipline from the ground up.